Crypto Treasury Assets
79.94%
0.03%24h Change
7d Change
| 7d Chart | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
1 BTC 1Bitcoin | $62,026.00 | 0.50% | −5.75% | −23.64% | $1.24 T | $1.24 T | $31.71 B | |||
2 ETH 2Ethereum | $1,636.18 | −0.42% | −10.21% | −30.50% | $197.61 B | $197.61 B | $11.22 B | |||
4 BNB 4BNB | $590.89 | −0.12% | −5.40% | −10.14% | $79.74 B | $79.74 B | $554.27 M | |||
6 XRP 6XRP | $1.11 | −2.55% | −8.83% | −25.65% | $69.07 B | $111.28 B | $990.37 M | |||
7 SOL 7Solana | $64.38 | −0.57% | −11.62% | −32.67% | $37.40 B | $40.54 B | $2.86 B | |||
8 TRX 8TRON | $0.3218 | −0.16% | −3.59% | −8.29% | $30.57 B | $30.57 B | $441.94 M | |||
9 HYPE 9Hyperliquid | $55.62 | −6.02% | −22.98% | 28.76% | $14.10 B | $53.05 B | $538.06 M | |||
10 DOGE 10Dogecoin | $0.08404 | −1.25% | −8.74% | −24.11% | $13.01 B | $13.01 B | $591.26 M | |||
13 ZEC 13Zcash | $424.38 | −6.89% | −29.14% | −27.40% | $7.13 B | $7.13 B | $482.94 M | |||
17 ADA 17Cardano | $0.1616 | −2.16% | −22.70% | −43.34% | $5.87 B | $7.28 B | $241.07 M | |||
18 LINK 18Chainlink | $7.71 | −1.43% | −7.14% | −28.02% | $5.61 B | $7.71 B | $117.90 M | |||
21 TON 21Toncoin | $1.66 | −2.91% | −16.50% | −31.56% | $4.47 B | $8.68 B | $160.36 M | |||
26 LTC 26Litecoin | $42.17 | −1.38% | −11.06% | −28.79% | $3.26 B | $3.55 B | $130.75 M | |||
27 SUI 27Sui | $0.742 | −1.62% | −9.71% | −44.60% | $2.99 B | $7.43 B | $204.85 M | |||
29 AVAX 29Avalanche | $6.49 | −1.97% | −20.12% | −37.01% | $2.81 B | $3.01 B | $81.54 M | |||
31 CRO 31Cronos | $0.05992 | −0.31% | −4.13% | −19.51% | $2.69 B | $5.91 B | $8.42 M | |||
34 TAO 34Bittensor | $207.90 | −1.13% | −8.56% | −36.32% | $2.00 B | $4.37 B | $88.69 M | |||
35 WLFI 35World Liberty Financial | $0.061 | 11.04% | −0.04% | −12.12% | $1.95 B | $6.14 B | $35.13 M | |||
42 DOT 42Polkadot | $0.936 | −1.91% | −15.15% | −32.74% | $1.58 B | $1.58 B | $61.96 M | |||
67 ENA 67Ethena | $0.076 | −6.09% | −34.03% | −43.50% | $707.72 M | $1.14 B | $86.13 M | |||
78 INJ 78Injective | $5.16 | −7.23% | −20.18% | 19.97% | $516.85 M | $517.00 M | $48.71 M | |||
80 PUMP 80Pump.fun | $0.001434 | −6.54% | −17.79% | −35.32% | $501.53 M | $1.23 B | $44.99 M | |||
84 FET 84Artificial Superintelligence Alliance | $0.1939 | −4.34% | −25.66% | −19.52% | $438.67 M | $527.13 M | $38.65 M | |||
112 JTO 112Jito | $0.5937 | −0.22% | −7.66% | 15.42% | $286.61 M | $587.28 M | $33.47 M | |||
299 0G 2990G | $0.286 | −4.37% | −25.63% | −50.43% | $60.91 M | $285.70 M | $1.67 M | |||
487 CORE 487Core | $0.02681 | −2.47% | −16.08% | −40.44% | $33.16 M | $56.09 M | $4.42 M |
Frequently Asked Questions
What is a crypto treasury?
A crypto treasury is a reserve of cryptocurrency that a company or institution holds on its balance sheet as a strategic asset rather than operational cash. Crypto treasuries hold assets like Bitcoin, Ethereum, and Solana for long-term value preservation, diversification, or ecosystem participation. DropsTab tracks 26 crypto treasury assets in this category, ranked by market cap. As of Q2 2026, these treasury-adopted assets represent more than 80% of the total crypto market capitalization.
How do crypto treasury companies work?
Crypto treasury companies raise capital through equity issuance or convertible debt, then deploy that capital to buy and hold cryptocurrency on the corporate balance sheet. Crypto treasury companies give equity investors indirect crypto exposure, with the stock often trading as a leveraged proxy for the underlying asset. Ethereum and Solana treasury companies add a yield layer — staking holdings for protocol rewards — which Bitcoin treasuries structurally lack. DeFi Development Corp reported roughly 8.3% annualized organic yield from staking and validator operations in Q4 2025.
What is a crypto treasury company?
A crypto treasury company is a publicly traded firm that holds cryptocurrency as a primary balance-sheet reserve, also called a Digital Asset Treasury company (DAT or DATCo). Strategy, formerly MicroStrategy, pioneered the model in August 2020 and operates the largest corporate Bitcoin treasury. The DAT structure gives shareholders regulated, equity-market exposure to crypto without direct token custody. Crypto treasury companies now exist for Bitcoin, Ethereum, Solana, XRP, and TRON, extending the model well beyond its Bitcoin-only origin.
Why do companies hold crypto in their treasury?
Companies hold crypto in their treasury for inflation hedging, long-term store of value, portfolio diversification, and to give shareholders equity-market exposure to digital assets. Bitcoin treasuries treat BTC as a reserve against fiat debasement, while Ethereum and Solana treasuries add staking yield as an added motivation. The strategy gained traction after Strategy's 2020 Bitcoin pivot coincided with sharp share-price gains, prompting more than 140 digital asset treasury companies to form by late 2025. A crypto treasury announcement has repeatedly triggered a short-term jump in a company's stock price.
How does a crypto treasury asset differ from a crypto treasury company?
A crypto treasury asset is the underlying cryptocurrency — such as BTC, ETH, or SOL — held in corporate reserves; a crypto treasury company is the publicly traded firm that holds it. Most treasury trackers rank the holding companies. DropsTab ranks the underlying assets by market cap, giving an asset-first, multi-asset view across 26 cryptocurrencies. This distinction matters because asset-level ranking reveals which cryptocurrencies attract the most corporate accumulation, independent of any single company's performance.
Which crypto assets have the largest corporate treasury holdings?
Bitcoin is the largest treasury-adopted asset by market cap, accounting for the majority of the category's combined market cap. Ethereum ranks second, followed by BNB, XRP, Solana, and TRON among the larger treasury assets. The category spans 26 assets in total, ranging from large-cap coins to assets like Dogecoin, Zcash, and Bittensor — evidence that corporate treasury strategy has expanded far beyond Bitcoin. Strategy holds the largest Bitcoin treasury, while Bitmine Immersion holds over 4% of total ETH supply as of May 2026 — the largest corporate Ethereum treasury.
What are crypto treasury stocks?
Crypto treasury stocks are the publicly traded shares of companies that hold cryptocurrency as their primary reserve asset. Examples include Strategy (MSTR), Bitmine Immersion (BMNR), Mara Holdings (MARA), Forward Industries (FWDI), and DeFi Development Corp (DFDV). Crypto treasury stocks let investors gain crypto exposure through regulated equity markets instead of holding tokens directly. A crypto treasury stock typically behaves as a beta to the company's underlying crypto asset, amplifying both upside and downside relative to the asset itself.
How is a crypto treasury stock valued?
Crypto treasury stocks are valued largely through mNAV — the multiple on net asset value — which divides a company's market capitalization by the USD value of its crypto holdings. An mNAV above 1.0x means the market prices the stock at a premium to its crypto; an mNAV below 1.0x signals a discount. Strategy's mNAV compressed from premiums above 2x in late 2024 to near or below 1.0x by mid-2026, as new treasury companies proliferated and spot Bitcoin ETFs offered cheaper exposure. A sustained discount weakens a company's ability to raise capital accretively.
What are the risks of crypto treasury investments?
Crypto treasury investments carry leverage, valuation, and concentration risk. Many treasury companies fund purchases with convertible debt, creating refinancing and margin-call exposure if crypto prices fall — forced selling can then deepen a broader market decline. mNAV compression is a structural risk: an industry-wide collapse in premiums through 2025–2026 left some companies trading below the value of their holdings. Category concentration is high — Bitcoin represents the majority of treasury-asset market cap, so a Bitcoin drawdown drives most of the category's downside.