最新报道:Digital asset treasury (DAT) investments have dominated crypto capital allocation in 2025, with companies raising over $15 billion through August. Publicly traded firms are pivoting to hold cryptocurrencies as treasury assets, often triggering stock surges like Lion Group’s 20% jump after announcing a $600 million Hyperliquid treasury facility. Bitcoin remains the top choice, but Hyperliquid’s HYPE token has attracted nearly $1.5 billion, signaling growing altcoin adoption. DAT’s rise coincides with a 56% drop in traditional crypto VC deals, as firms like DCG and Paradigm shift focus toward treasury strategies for faster crypto exposure and public market liquidity. July’s record $6.2 billion in DAT raises highlights accelerating institutional adoption.