Digital asset treasury companies are anticipated to undergo significant consolidation in 2026, as the largest and most well-capitalized entities continue to amass Bitcoin and Ether, leaving smaller firms struggling to keep up. According to Cointelegraph, Pantera Capital has predicted a 'brutal pruning' of digital asset treasuries, with only a few dominant corporate treasuries remaining. The asset manager shared this outlook in a Wednesday X post, suggesting that smaller companies may either be acquired or left behind, except for a few longer-tail token winners. Throughout this year, the trend has been particularly evident in Bitcoin and Ether treasuries, where the most financially robust players have led acquisitions. BitMine, the largest corporate holder of Ether, has maintained its steady accumulation into the new year. The company recently purchased 35,268 ETH for approximately $104 million, increasing its holdings to 3.48% of the total Ether supply. Since the beginning of the year, BitMine has acquired a total of 92,511 Ether for about $277 million. Meanwhile, Hong Kong-based Trend Research has acquired 41,500 Ether for roughly $126 million in 2026, utilizing decentralized borrowing through the Aave lending protocol, rather than traditional fundraising methods like share sales. On the Bitcoin front, Strategy, led by Michael Saylor, has emerged as the dominant buyer among publicly listed Bitcoin holders. Last week, Strategy acquired 22,306 Bitcoin for approximately $2.13 billion, bringing its total holdings to 709,715 BTC, purchased for about $53.9 billion at an average price of $75,979 per BTC. Data from Bitcoinquant indicates that corporate Bitcoin treasuries collectively hold around 1.13 million Bitcoin, or roughly 5.4% of the total supply, though these figures can vary based on how treasury companies are defined. The increasing concentration of Bitcoin and Ether among a few corporate holders raises concerns about the sustainability of smaller treasury companies, particularly those that relied on debt or equity issuance during previous market rallies. At the end of December, crypto treasury firm ETHZilla sold $74.5 million worth of Ether to repay senior secured convertible notes, underscoring the financial pressures faced by less-capitalized players.

The stablecoin market cap has achieved a record high of over $311 billion, despite a general decline in the broader cryptocurrency market characterized by substantial liquidations. According to NS3.AI, Tether (USDT) and Circle's USDC maintain their dominance in stablecoin supply, while new players such as World Liberty Financial's USD1 stablecoin have contributed to the recent expansion. Regulatory uncertainty persists, with delays in the CLARITY Act and cautious market sentiment indicating low expectations for a swift altcoin recovery.

Pantera Capital 表示，2026 年数字资产财务储备公司将面临残酷重组，仅少数资本充足的领先者将持续积累比特币与 ETH，其余小型公司或被收购，或被市场淘汰。据 Pantera Capital 监测，目前比特币与 ETH 的积累高度集中。BitMine 作为 ETH 最大持有者，自年初以来已购入 92,511 枚 ETH，总价值约 2.77 亿美元，目前持有 ETH 总供应量的 3.48%。Trend Research 在 2026 年已购入 41,500 枚 ETH，价值约 1.26 亿美元，其资金通过 Aave 借贷获取。在比特币方面，Strategy 上周以约 21.3 亿美元购入 22,306 枚比特币。截至目前，Strategy 累计持有 709,715 枚比特币，总成本约 539 亿美元，平均购入价格为 75,979 美元。数据表明，企业财务储备地址共持有约 113 万枚比特币，占总供应量的 5.4%。此外，ETHZilla 于 12 月底出售了 7450 万美元的 ETH 以偿还债务。

Circle CEO Jeremy Allaire addressed concerns at the World Economic Forum in Davos, stating that stablecoin interest payments do not pose a threat to banks. According to Foresight News, Allaire described fears of bank runs due to stablecoin yields as 'completely absurd,' emphasizing that these interest payments enhance user engagement without undermining monetary policy. He compared stablecoin interest to government money market funds, which have grown to approximately $11 trillion despite warnings about their impact on bank deposits, yet have not hindered bank lending. Allaire highlighted a shift in the U.S. credit model from bank loans to private credit and capital markets, with Circle aiming to develop a lending model based on stablecoins. He also underscored the potential of stablecoins as the sole viable payment system for billions of AI agents in the future.

美国总统特朗普：如果欧洲抛售美国债券等资产，将面临大规模报复。(金十)

链上数据显示，今晚 20 时 30 分左右，Four.meme 或遭黑客攻击，登录、发币等功能一度无法使用，目前相关功能已修复。

比特币支付初创公司 ZBD 宣布完成 4000 万美元 C 轮融资，Blockstream Capital 领投并出资 3600 万美元。该项目主要业务是为视频游戏提供比特币支付软件及支付基础设施。ZBD 表示本轮资金将用于在未来一年内推出更全面的支付产品系列。其支付技术允许开发者将比特币闪电网络集成至游戏中，使玩家能够直接进行微付款或赚取奖励。首席执行官 Simon Cowell 表示，该解决方案旨在为游戏行业提供与玩家直接建立财务关系的支付工具。2025 年期间，ZBD 已为 55 款游戏提供服务。

Technical indicators across multiple timeframes suggest that Ethereum is beginning to outperform Bitcoin, even as broader crypto markets remain volatile. source: https://coindoo.com/ethereum-leads-early-signs-of-altcoin-rotation/

Alibaba is reportedly preparing an initial public offering (IPO) for T-Head, its specialized chipmaking division. source: https://www.cryptopolitan.com/alibaba-plans-chipmaking-business-ipo/

ارتفع مؤشر S&P 500، فيما جاءت أسهم شركات الكريبتو متباينة، وسجّلت كلٌّ من بيتكوين وإيثيريوم مكاسب محدودة يوم الأربعاء، بعد أن تراجع دونالد ترامب عن تهديده الأخير بفرض رسوم جمركية. source: https://ar.cointelegraph.com/news/us-stocks-crypto-market-donald-trump-greenland-tariffs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

比特币目前仍处于一个“低参与度”的阶段，价格的波动更多是因为“没人砸盘了”，而不是因为买家有多坚定的信心。

如果每一个国际局势的转折、每一次科技大佬的口水战，都可以被量化为真实的赔率并公开交易，这个世界会变得更清晰还是更疯狂？

代码可以去中心化执行，却难以定义现实，因此真相的「最后一公里」，很难去中心化。

你的现金正在贬值，现在就需要硬资产。历史表明，当黄金因货币政策担忧持续上涨时，比特币最终会跟进，且涨幅会更大。

BitGo控股公司以每股18美元的价格完成美国首次公开募股，募集资金2.128亿美元，公司估值突破20亿美元。该公司股票将于1月22日在纽约证券交易所上市交易，股票代码为BTGO，反映出投资者对其的强烈需求。

监管机构敲定ETF和期货规则，大胆推动数字资产主流化，将加密货币定位为核心投资类别。

本文深入探讨了 TROVE 和 RNGR 的发行如何反映了 ICO 的发展趋势以及投资者在分配过程中的信任机制。

2025 年对加密货币行业而言，是监管转型与结构性进步并存的关键一年。

加密市场,专访Jeff Ma 04 年天才交易员的三年A9之路 金色财经,又一位交易天才的崛起。

DXC Technology已与Ripple达成合作，将数字资产支付与托管功能整合至Hogan核心银行平台。该平台服务于管理着逾5万亿美元存款的银行机构。此项部署使银行无需改造现有系统即可提供加密货币服务。