AI Replaces DAT? Crypto Treasury Firms Shift Strategies

• Crypto treasury companies are now looking for new options, including AI.
• Amid bearish market trends, crypto DATs are significantly losing momentum.
• Coinbase CEO Brian Armstrong says that this shift could benefit the crypto sector.

The digital asset treasury (DAT) boom is apparently losing its initial hype. But the trend is shifting now amid the overall bearish crypto market sentiment. According to a Bloomberg report, many crypto asset treasury companies are now choosing artificial intelligence (AI) and data centre businesses in search of new growth opportunities.

Crypto Treasury Companies are Rethinking their Strategy

A recent Bloomberg report is centred around the falling hype of crypto treasury companies. Although many public companies had raised capital to buy and hold cryptocurrencies like Bitcoin, Ethereum, and XRP, their momentum is now fading.

Companie…

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