- Major declines in DAT stock prices in U.S. and Canada this year.
- MicroStrategy’s value aligned with crypto market trends.
- Investor sentiment influenced by debt and dividend pressures.
Crypto asset treasury companies in the US and Canada have seen stock prices plummet by a median of 43% in 2023, impacting firms like MicroStrategy and Greenlane Holdings.
This sharp decline underscores market skepticism about leveraged crypto investments, reflecting investor wariness amid rising debt obligations and stagnant digital asset performance.
U.S. and Canadian Digital Asset Stocks Plummet
Bloomberg reports reveal that companies like MicroStrategy Inc., founded by Michael Saylor, experience substantial devaluation. MicroStrategy’s stock, tied to Bitcoin’s performance, is part of a broader trend of devaluations in digital asset holdings. Meanwhile, SharpLink Gaming Ltd. and Greenlane Holdings Inc. also face significant losses. Greenlane’s CEO, Craig Snyder, has yet to comment publicly.
MicroStrategy’s recent market alignment indicates the stock’s historical peak premium has leveled to approach net asset value. The situation highlights the volatility and speculative nature of investments in companies holding substantial digital assets.
“If you want Bitcoin exposure, you can hold Bitcoin directly, own a spot ETF, or own MicroStrategy, which is a leveraged operating company with the world’s largest corporate Bitcoin treasury.” — Michael Saylor, Executive Chairman, MicroStrategy.
Bitcoin Price Trends in December 2025
Did you know? Share values of digital asset treasury companies experienced peaks twice their net asset values before correcting, much like the historical GBTC discount episode, highlighting investor sentiment’s crucial role.
As of December 8, 2025, CoinMarketCap reports Bitcoin (BTC) prices at $90,904.28, with a market capitalization of $1.81 trillion. Despite a 1.73% rise over 24 hours, it has decreased 11.68% over 30 days. Bitcoin’s circulating supply is at 19,959,081 of its 21 million cap.
Coincu’s research team notes that DAT companies are navigating debt obligations in a volatile market, affecting stock valuations. Institutional interest continues with some pivoting towards infrastructure, potentially inviting stable market support through strategic diversification over reliance on spot assets like BTC or ETH.
Bitcoin dominance is a critical factor observed by analysts when evaluating the overall crypto market health.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/analysis/dat-companies-stock-decline-crypto/