Data: The market value of the encrypted treasury company has soared to 160 billion dollars

ChainCatcher news, according to The Block, as of now, the total market capitalization of publicly traded companies holding cryptocurrencies has soared to $160 billion, a significant increase from about $90 billion at the beginning of 2024, marking a new trend for investors to gain crypto exposure through stocks.

The growth over the past six months reflects an overall shift in corporate financial management strategies, with more and more companies viewing digital assets as legitimate balance sheet holdings. As the market adapts to this emerging trend, many companies have seen their stock prices experience significant double-digit increases after announcing their allocation of crypto assets.