Bloomberg: DAT company's stock price has significantly declined this year, with a median drop of 43%

According to Bloomberg, the stock prices of crypto asset treasury (DAT) companies listed in the United States and Canada have significantly declined this year, with a median drop of 43%, and some companies experiencing declines of over 99%.

Previously, these companies had raised funds to purchase Bitcoin or other tokens, and their stock prices surged along with their holdings. However, as token holdings do not generate income and the burden of debt interest and dividends increased, investor sentiment turned sharply. SharpLink Gaming's stock price has fallen 86% from its peak, Greenlane Holdings has dropped over 99%, and Alt5 Sigma, supported by the Trump family, has also decreased by about 86%. Strategy's stock price has declined by 38% this year.