| Stock | Icon | 1-year performance (to Dec. '25) | 5-year performance (to Dec. '25) | Link |
|---|---|---|---|---|
| Strategy Inc. (formerly MicroStrategy) (MSTR) |  |
-41.51% | 507.47% | Invest Capital at risk |
| Marathon Digital Holdings (MARA) |  |
-43.09% | 122.04% | Invest Capital at risk |
| Riot Blockchain (RIOT) |  |
12.77% | 39.50% | Invest Capital at risk |
| Trump Media & Technology Group Corp. (DJT) |  |
-60.60% | -48.22% (3 years – 2021 IPO) | Invest Capital at risk |
| Galaxy Digital Holdings Ltd (GLXY) |  |
37.17% | 476.57% | Invest Capital at risk |
| CleanSpark (CLSK) |  |
-1.29% | 24.91% | Invest Capital at risk |
| Tesla (TSLA) |  |
26.08% | 102.50% | Invest Capital at risk |
| Coinbase Global (COIN) |  |
-7.14% | 527.49% (3 years – 2021 IPO) | Invest Capital at risk |
| Hut 8 Corp. (HUT) |  |
48.06% | 515.69% | Invest Capital at risk |
| Block (XYZ) |  |
-38.22% | -70.64% | Invest Capital at risk |
| Next Technology Holding (NXTT) |  |
-98.44% | -99.98% (3 years) | Invest Capital at risk |
| Columbus Circle Capital Corp (CCCM) |  |
N/A (2025 IPO) | N/A | Invest Capital at risk |
| Semler Scientific (SMLR) |  |
-67.76% | -73.96% | Invest Capital at risk |
| GameStop Corp. (GME) |  |
-22.30% | 388.99% | Invest Capital at risk |
| Cango (CANG) |  |
63.30% | 213.97% | Invest Capital at risk |
| Empery Digital (EMPD) |  |
-84.69% | -10.73% (3 years) | Invest Capital at risk |
| Bitcoin Group SE (ADE) |  |
-36.72% | -20.88% | Invest Capital at risk |
| Boyaa Interactive International Limited (BOYAF) |  |
N/A | N/A | Invest Capital at risk |
| Stock | Icon | 1-year performance (to Dec. '25) | 5-year performance (to Dec. '25) | Link |
|---|---|---|---|---|
| Bit Digital (BTBT) |  |
-43.56% | -62.05% | Invest Capital at risk |
| Coinbase Global (COIN) | |
-7.14% | 527.49% (3 years – 2021 IPO) | Invest Capital at risk |
| BTCS (BTCS) |  |
-35.86% | 91.75% | Invest Capital at risk |
| Exodus Movement (EXOD) |  |
-37.26% | 542.60% (3 years) | Invest Capital at risk |
| Neptune Digital Assets Corp (NPPTF) |  |
-31.61% | 470.51% | Invest Capital at risk |
| GameSquare Holdings (GAME) |  |
-44.61% | -98.22% | Invest Capital at risk |
| Intchains Group Limited (ICG) |  |
-65.03% | -80.22% (2 years – 2023 IPO) | Invest Capital at risk |
| Centaurus Energy (CTARF) |  |
-24.62% | -88.10% | Invest Capital at risk |
| Stock | Icon | 1-year performance (to Dec. '25) | 5-year performance (to Dec. '25) | Link |
|---|---|---|---|---|
| VivoPower International PLC (VVPR) |  |
89.21% | -97.13% | Invest Capital at risk |
| Trident Digital Tech Holdings Ltd American Depository Shares (TDTH) |  |
-74.95% | N/A | Invest Capital at risk |
| Webus International Limited (WETO) |  |
N/A (2025 IPO) | N/A | Invest Capital at risk |
| Wellgistics Health (WGRX) |  |
N/A (2025 IPO) | N/A | Invest Capital at risk |
| Nature's Miracle Holding (NMHI) |  |
-94.85% | -99.97% (3 years) | Invest Capital at risk |
| Worksport Ltd (WKSP) |  |
-54.74% | 79.05% | Invest Capital at risk |
| Hyperscale Data (GPUS) |  |
-94.63% | -99.80% | Invest Capital at risk |
| Digital Commodities Capital Corp. (DGCMF) |  |
-67.12% | -88.91% | Invest Capital at risk |
| Stock | Icon | 1-year performance (to Dec. '25) | 5-year performance (to Dec. '25) | Link |
|---|---|---|---|---|
| Upexi (UPXI) |  |
-27.07% | -96.24% (3 years – 2021 IPO) | Invest Capital at risk |
| DeFi Development Corp. (DFDV) |  |
9,023.04% | 5,328.35% (2 years – 2023 IPO) | Invest Capital at risk |
| Sol Strategies Common Shares (STKE) |  |
53.18% | 6,363.41% (3 years) | Invest Capital at risk |
| Classover Holdings Class B (KIDZ) |  |
-96.16% | -95.80% (3 years) | Invest Capital at risk |
| Torrent Capital Ltd (TRRPF) |  |
1.00% | -37.61% | Invest Capital at risk |
| Sharps Technology (STSS) |  |
-99.50% | -99.26% (3 years – 2022 IPO) | Invest Capital at risk |
| Mercurity Fintech Holding ADR (MFH) |  |
1.54% | 121.31% | Invest Capital at risk |
| Artelo Biosciences (ARTL) |  |
-70.35% | -43.83% | Invest Capital at risk |
| BIT Mining Limited (BTCM) |  |
-53.59% | -94.44% | Invest Capital at risk |
| Forward Industries (FORD) |  |
166.62% | -40.55% | Invest Capital at risk |
| Stock | Icon | 1-year performance (to Dec. '25) | 5-year performance (to Dec. '25) | Link |
|---|---|---|---|---|
| Windtree Therapeutics (WINT) |  |
-99.76% | -99.98% | Invest Capital at risk |
| Nano Labs Ltd (NA) |  |
-65.72% | -62.54% (3 years – 2022 IPO) | Invest Capital at risk |
| Liminatus Pharma Class A (LIMN) |  |
N/A (2025 IPO) | -90.24% (3 years) | Invest Capital at risk |
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
Traditionally companies maintain their balance sheets with cash, stocks, real estate and sometimes assets like gold. But more recently firms have started adding cryptocurrencies including Bitcoin, Ethereum and Solana to their reserves as part of their treasury strategy.
These are called cryptocurrency treasury companies and they’ve become a hot topic in the investing world, for good reason.
There are several reasons a company might invest in a cryptocurrency like Bitcoin. Some firms see the value in investing in a growth asset to combat against inflation, or to bolster their balance sheets.
Many see it as a way to publicly align with the cryptocurrency eco-system. They’re positioning themselves as future focused and crypto-integrated.
Research the global companies adding cryptocurrencies to their treasuries and why they’re doing it.
Buying shares in a crypto treasury can be an alternative to investing in the crypto itself, without needing to sign up to an exchange. For example, a firm that holds large amounts of Bitcoin will often see its share price loosely track the price of Bitcoin.
Companies that become crypto treasuries are also cementing their belief in the future of crypto and their readiness to be at the forefront of that evolving technology. This can be a major drawcard for investors that align with these views.
For active traders, it can be advantageous to track the movements of these treasuries to capitalise on price swings triggered by coin volatility, major sell or buy actions or news events.
Companies of all shapes and sizes are buying up cryptocurrencies, however the companies investors are most interested in are typically major firms trading on a stock exchange.
Publicly traded companies. Firms that trade on a stock exchange like Coinbase and Tesla are upfront about their cryptocurrency holdings. These disclosures must be included in earnings or treasury reports and signal strategic alignment with crypto.
Private companies. Startups and large private firms may also hold cryptocurrency, particularly those building DeFi or Web3 products. However, because private firms aren’t required to make their financial statements publicly available, their holdings are harder to track.
The amount of crypto held by a company is just one part of the equation. It’s also important to understand why and how it fits into their overall financial strategy.
We think it’s particularly handy when a treasury provides a live dashboard of their current holdings – here’s a good example from SOL Strategies.
Wondering why companies are stockpiling Binance Coin? This guide breaks down who’s doing it, why it matters, and what you need to watch out for.
These are the companies quietly adding XRP to their balance sheets.
Wondering why companies are stockpiling Solana? This guide breaks down who’s doing it, why it matters, and what you need to watch out for.
Wondering why companies are stockpiling Ethereum? This guide breaks down who’s doing it, why it matters, and what you need to watch out for.
Wondering why companies are stockpiling Bitcoin? This guide breaks down who’s doing it, why it matters, and what you need to watch out for.
