Crypto treasury firms pivot to AI as DAT model loses momentum

More than a dozen digital asset treasury companies have moved into artificial intelligence and data centres as falling crypto prices weaken demand for the DAT model. Summary More than a dozen crypto treasury companies have pivoted toward AI as investor enthusiasm fades. K Wave shares fell 71% after its data-centre shift failed to restore market confidence quickly. Falling crypto prices and compressed treasury premiums are pushing listed firms toward new operating businesses. Bloomberg reported that the shifts have not stopped steep share declines. K Wave Media has fallen about 71% since its May pivot. Lixte Biotechnology and Alpha Compute have each dropped roughly 33% since announcing their own changes. The figures measure performance after the pivots and do not prove causation. The implosion of the once-hot market for cryptocurrency treasury stocks is prompting a number of firms to pivot to AI in an attempt to win back investors. So far, it isn’t working https://t.co/kdVkXfksjL— Bloomberg (@business) July 27, 2026 Digital asset treasury premiums shrink Digital asset treasury companies use public equity, debt or private placements to buy crypto. The model works best when investors ...