Companies acquiring large amounts of crypto assets are ”shaking up the existing capital market structure”

The number of companies (Digital Asset Treasuries, or DATs) that strategically stockpile cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) is increasing.
is attracting attention as a new indirect investment destination for companies that find it difficult to invest directly in crypto assets. In addition, companies are using their stockpiled crypto assets for staking (depositing crypto assets), collateralized loans, etc.
They are managing their investments in various ways and using them as a means of generating income. Some analysts say that this trend could bring about changes in the traditional equity-centered structure of the capital market.
On the 4th, Strategy issued preferred stock "STRC" at the end of last month and raised $2.52 billion. After that, it invested 21,021 BTC in Bitcoin.
With the additional purchase, the strategy's Bitcoin holdings increased to 628,791 BTC, which is equivalent to approximately $72.5 billion based on CoinMarketCap's market price as of the 1st.
The scale is comparable to that of the previous strategy. Furthermore, Strategy plans to raise $4.2 billion to purchase additional Bitcoin. Ethereum is also gaining popularity. According to CoinGecko,
The company with the largest amount of Ethereum is the Chinese Bitcoin mining company Bitmine, with a total holding of 566,776 ETH.
Next was the US sports betting platform SharpLink Gaming with 449,449
These companies plan to continue purchasing Ethereum in the future. In South Korea, cryptocurrency exchange Bitmax is actively purchasing Bitcoin.
On the 31st of last month, Bitmax became the first listed company in Korea to hold more than 500 BTC of Bitcoin.
Entertainment company K-Wave Media also secured $1 billion in funding last month to stockpile Bitcoin, and US cryptocurrency finance company Gala
The company has entered into a partnership with Galaxy Digital, which will be responsible for asset management for KEI Wave and advising on Bitcoin financial strategies.
Recently, as the price of crypto assets has risen, the value of companies that hold crypto assets has also risen, and traditional financial institutions have also begun to invest in them.
Asset management company Ark Invest bought a total of $182 million worth of Bitmine shares last week. It also bought a total of $182 million worth of Bitmine shares over two days from the 28th (local time).
It invested an additional $35.3 million in Tomine.