Public Companies

Bitdeer Technologies plunged nearly 32% after reporting a staggering $266 million quarterly loss, even as the firm mined 1,109 Bitcoin. The steep sell-off shows how market expectations about profitability and growth (AI/data centers) can overwhelm operational milestones.

Public companies are increasingly adopting Bitcoin treasury strategies, inspired by MicroStrategy's success, to boost their cash reserves and attract tech-savvy investors. This trend combines crypto enthusiasm with evolving regulations, but also carries notable risks.

Publicly traded companies are increasingly adopting Digital Asset Treasury (DAT) models, holding significant cryptocurrency reserves like bitcoin. While this strategy offers growth potential, it also carries risks linked to market volatility and funding methods. Regulatory advancements and major acquisitions signal an evolving crypto landscape.