Cryptocurrency storage companies are victims of the sector's dramatic collapse

Companies that bet on cryptocurrencies and achieved gains of 2600% are now facing losses of up to 86%

Crypto

Cryptocurrency storage companies are victims of the sector's dramatic collapse

Companies that bet on cryptocurrencies and achieved gains of 2600% are now facing losses of up to 86%

The strategy of converting companies to "cryptocurrency storage" was one of the most successful deals in the stock market in early 2025, but it turned into a path of significant losses within a few months.

A group of listed companies believed they had invented a mechanism for endless gains by using the company's liquidity to buy "Bitcoin" or other cryptocurrencies, causing the stock price to suddenly rise more than the value of the tokens purchased.

This plan was conceived by Michael Saylor, who transformed his company "Strategy" into a publicly traded vehicle to embrace "Bitcoin". By mid-2025, the plan was successful as more than 100 companies followed Saylor's approach.

These companies became known as "cryptocurrency vaults" (DATs), turning into one of the most popular phenomena in public markets, where stock prices soared significantly, attracting everyone from Peter Thiel to the Donald Trump family.$SOL $BNB