Digital Asset Treasury Firms Plunge as Bitcoin Tumbles Below $117K, ETH Slides to $4.4K

coindesk.com/markets/2025/08/15/digital-asset-treasury-firms-plunge-as-bitcoin-tumbles-below-usd117k-eth-slides-to-usd4-4k

Digital asset treasury (DAT) firms, seen as high-beta plays on crypto prices, sold off sharply on Friday as the August crypto rally showed signs of exhaustion.
Strategy (MSTR) fell another 3% on Friday, extending its decline to 20% since July’s high and 33% from the November 2024…

This story appeared on coindesk.com, 2025-08-15 15:54:41.
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