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.

According to GMGN monitoring, a trader bought the Meme coin "Dear US Stock Trader" for $100.20 eight days ago. They have since sold it for $13.3,000, still holding "Dear US Stock Trader" tokens worth $98.2,000, resulting in a profit of $111,500 per coin. This Meme coin narrative originates from a post by Bitget CEO Gracy in Bitget's US Stock Trading Guide titled "Dear US Stock Trader, Hello." Odaily reminds users that the price of Meme coin is highly volatile, and investors should participate with caution.

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 predicts a brutal restructuring for digital asset financial reserves in 2026, with only a few well-capitalized leaders continuing to accumulate Bitcoin and ETH, while smaller companies will either be acquired or eliminated by the market. According to Pantera Capital, Bitcoin and ETH accumulation is currently highly concentrated. BitMine, the largest ETH holder, has purchased 92,511 ETH since the beginning of the year, worth approximately $277 million, currently holding 3.48% of the total ETH supply. Trend Research has purchased 41,500 ETH in 2026, worth approximately $126 million, funded through Aave lending. Regarding Bitcoin, Strategy purchased 22,306 Bitcoins last week for approximately $2.13 billion. As of now, Strategy holds a total of 709,715 Bitcoins, with a total cost of approximately $53.9 billion and an average purchase price of $75,979. Data shows that corporate financial reserve addresses hold approximately 1.13 million Bitcoins, representing 5.4% of the total supply. Furthermore, ETHZilla sold $74.5 million worth of ETH at the end of December to pay off debts.

Pantera Capital predicts a year of significant consolidation for corporate crypto treasuries, with a few large players dominating digital asset demand while smaller ones get bought up. source: https://cointelegraph.com/news/crypto-treasury-consolidation-2026-pantera?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

null source: https://x.com/reutersbiz/status/2014326016802496717

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.

US President Trump: If Europe sells off US bonds and other assets, it will face massive retaliation. (Jinshi)

Key takeaways CAKE is up 4. 5%, approaching the $2 psychological level. The derivatives data back the recovery as funding rates turn positive. CAKE’S derivatives data support bullish movement CAKE, the native coin of the Pancakeswap exchange, has added 4 source: https://coinjournal.net/news/pancakeswap-price-forecast-cake-surges-4-as-derivatives-data-turn-bullish/

On-chain data shows that around 8:30 PM tonight, Four.meme may have been hacked, and functions such as login and token issuance were temporarily unavailable. These functions have now been restored.

Renzo is a restaking protocol built on the Ethereum blockchain. It allows users to easily stake their ETH and earn rewards from EigenLayer. Renzo has a strong founding team and is backed by Binance Labs, but its REZ token has experienced a recent price decline.