The post Treasury companies: Is BTC good for smaller corporate buyers? appeared on BitcoinEthereumNews.com.

Treasury companies have all slid from their all-time highs. BTC buying is having a disparate effect on corporate buyers, and often those with smaller treasuries end up losing the most.  Buying BTC is not a universal benefit to treasury companies. Some of the smaller recent buyers, which added BTC to their balances for exposure, have seen the biggest drawdowns on their stock price.  As of September 25, entering the top 100 of BTC treasuries required 86 coins – and there is a smaller churn to the list. Only a few months back, even a company with 10 BTC could boast of holding a treasury.  However, there are different groups of companies, each having a different reaction to the BTC downturn. Even though some treasury company shares are down, there is limited demand for buying the dip, especially during the market weakness at the end of September.  Small treasury companies wipe out the most value Next Technology Holding (NXTT) is the biggest loser of the entire list of treasury companies. NXTT shares are down 97.6% from their 52-week high. The treasury holds 5,833 BTC, which ranks the company at 17th place, right above KindlyMD.  Coinsillium, holding just 182 BTC, lost 96.8% of its market price. Satsuma technology, with 1,448 BTC, is in the third place, down 94.7% from its peak.  The London Bitcoin Company, a small-scale buyer with 85.97 BTC, is down 92.7% from its yearly peak.  Miners performed the best during the downturn Companies with a mix of mining operations and treasuries fared the best. CleanSpark (CLSK) is down only 19.6% from its peak, boosted by its data center operations and generally profitable business. As Cryptopolitan reported, CleanSpark also secured a $100M credit line from Coinbase Prime.  However, Mara Holdings is down over 40% from its peak, despite the mix…

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Filed under: News - @ September 25, 2025 4:27 pm