{"id":9079,"date":"2025-07-23T23:27:59","date_gmt":"2025-07-23T20:27:59","guid":{"rendered":"https:\/\/handoli.com\/index.php\/2025\/07\/23\/most-new-btc-treasury-stocks-down-at-least-50-this-year\/"},"modified":"2025-07-23T23:27:59","modified_gmt":"2025-07-23T20:27:59","slug":"most-new-btc-treasury-stocks-down-at-least-50-this-year","status":"publish","type":"post","link":"https:\/\/handoli.com\/index.php\/2025\/07\/23\/most-new-btc-treasury-stocks-down-at-least-50-this-year\/","title":{"rendered":"Most new BTC treasury stocks down at least 50% this year"},"content":{"rendered":"
<\/div>\n

On July 2, Protos asked whether the bitcoin (BTC) treasury company bubble<\/a> had popped.<\/p>\n

At that time, the mania had already been cooling for weeks, with many companies trading decidedly lower than their initial days on public markets.<\/p>\n

Today, weeks later, additional data show things didn\u2019t \u2014 and look unlikely \u2014 get any better.<\/p>\n

According to Bitbo, there are 43<\/a> BTC treasury companies launched this year that remain public today.<\/p>\n

This number of new listings in 2025 is conservative compared to other trackers such as Coinkite\u2019s BitcoinTreasuries.net, yet Bitbo\u2019s 43 treasury companies provide a decent sample of various stocks across the world\u2019s exchanges.<\/p>\n

Of these stocks, all are trading below their highest price of the year. Some, of course, are trading worse than others.<\/p>\n

Specifically, the median percent change of the cohort from their year-to-date (YTD) high is -52.4%.<\/strong><\/p>\n

Moreover, the majority (23, to be precise) of these BTC treasury companies are trading at least 50% below their YTD high.<\/p>\n

\n
\n

Has the bitcoin treasury company bubble popped?<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

Read more: Did Adam Back betray Bitcoin for a Wall Street payout?<\/a><\/em><\/p>\n

Bitcoin treasury companies across the world\u2019s stock exchanges <\/h2>\n

Cantor Equity Partners<\/strong> spiked to $59.75 per share on May 1, soon after announcing the business combination that launched Twenty One, the Bitfinex, Tether, and Jack Mallers-led entity.<\/p>\n

It\u2019s now trading 52% lower at $28.31 on the Nasdaq.<\/p>\n

In total, there are 23 examples of public BTC treasury companies that have halved from their YTD high<\/strong>.<\/p>\n

Of course, trackers of publicly traded BTC treasury companies struggle to keep their data up to date \u2014 prominently featuring requests<\/a> for user suggestions about new listings on the world\u2019s 78<\/a> stock exchanges.<\/p>\n

Moreover, many BTC acquirers aren\u2019t publicly traded, so with no mark-to-market valuation of their equities, it\u2019s impossible to truly determine the valuation of the entire sector.<\/p>\n

Got a tip? Send us an email securely via <\/em>Protos Leaks<\/em><\/a>. For more informed news, follow us on X<\/a>, <\/em>Bluesky<\/em><\/a>, and <\/em>Google News<\/em><\/a>, or subscribe to our <\/em>YouTube<\/em><\/a> channel.<\/em><\/p>\n

The post Most new BTC treasury stocks down at least 50% this year<\/a> appeared first on Protos<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

On July 2, Protos asked whether the bitcoin (BTC) treasury company bubble had popped. At that time, the mania had already been cooling for weeks, with many companies trading decidedly lower than their initial days on public markets. Today, weeks later, additional data show things didn\u2019t \u2014 and look unlikely \u2014 get any better. According […]<\/p>\n","protected":false},"author":1,"featured_media":9080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[147],"tags":[],"class_list":["post-9079","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-invest"],"_links":{"self":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/posts\/9079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/comments?post=9079"}],"version-history":[{"count":0,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/posts\/9079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/media\/9080"}],"wp:attachment":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/media?parent=9079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/categories?post=9079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/tags?post=9079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}