Executives Warn 2026 Outlook for Crypto Treasury Firms is Bleak, Most May Disappear

Based on TechFlow, on December 29, 2025, Cointelegraph reported that crypto and Bitcoin treasury companies face significant challenges in 2026. Multiple industry executives stated that most such firms may not survive. These digital asset treasury (DAT) companies rapidly emerged in 2025, initially attracting substantial Wall Street investment, but their valuations have been severely impacted by intensified market competition and falling crypto prices. Experts predict that treasury firms focused on altcoins will collapse first, while those offering additional value, such as stable returns on held assets, have a higher chance of survival. Meanwhile, investors are shifting toward crypto ETFs for greater transparency, auditability, and compliance. Industry insiders suggest that crypto treasury models need to integrate with traditional financial infrastructure to remain competitive in the future.