Industry executives have stated that the prospects for crypto asset treasury companies (DAT) are bleak in 2026, with many large corporations experiencing significant declines in stock prices. Altan Tutar, co-founder and CEO of MoreMarkets, said that as market competition intensifies, most Bitcoin treasury companies will disappear along with other crypto asset treasury firms. Companies focused on altcoins will be the first to exit, and those capable of providing additional value and stable returns are more likely to succeed. Ryan Chow, co-founder of Solv Protocol, stated that by early 2025, the number of companies purchasing and holding Bitcoin increased from 70 to over 130 by mid-year, but DAT companies are "not a universal solution for infinite dollar growth." It is expected that many companies "are unlikely to survive the next market downturn." Those that do will view Bitcoin holdings as part of a broader yield strategy rather than a temporary store of value. DAT companies cannot be content with merely holding Bitcoin; they should consider it as digital capital within a transparent, yield-generating system and actively manage it. Vincent Chok, CEO of First Digital, said that successful Bitcoin DAT companies have comprehensive strategies and liquidity, using Bitcoin only as part of their financial plans. Investors tend to favor cryptocurrency ETFs, and the DAT model needs to evolve to meet traditional financial expectations.