#Crypto Treasury Firms Face Mass Exit in 2026, Says MoreMarkets CEO
Digital asset treasury companies are heading into a challenging year as industry executives predict widespread failures across the sector. The model that attracted billions during
$BTC's rally is now facing mounting pressure.
MoreMarkets CEO Altan Tutar projects a bleak outlook for 2026, telling reporters that most #Bitcoin treasury operations will likely shut down. The prediction comes as share prices for major players have dropped sharply following the broader
#crypto market decline.
Tutar expects treasury firms focused on #altcoins to collapse first. These companies struggle to maintain market valuations above their actual crypto holdings, a critical metric called mNAV that investors closely monitor.
Large-cap focused treasuries for
$ETH,
$SOL, and
$XRP will follow similar trajectories, according to Tutar. The crowded market cannot support the number of companies currently operating without additional value creation beyond simple asset accumulation, he said.
