DATCo’s Now Hold $137.3 Billion in Crypto; Saylor’s Strategy Controls Nearly 50%

• CoinGecko’s 2025 DATCo report says there are 142 Digital Asset Treasury Companies holding $137.3 billion in crypto, up from just 4 in 2020
• Strategy alone holds $70.7 billion, or about half of all DATCo crypto, making it the clear category leader ahead of BitMine Immersion and MARA
• U.S. regulators at the SEC and FINRA are reviewing the sharp stock spikes that followed several DATCo balance-sheet announcements

Bitcoin’s pullback has not stopped corporations from stacking coins. Digital Asset Treasury Companies, or DATCo’s, have turned into a full market segment, with CoinGecko’s Nov. 5, 2025 report counting 142 firms that together hold $137.3 billion in crypto. 

That is a jump from only four firms in 2020 and shows that corporate balance sheets are now a real channel for Bitcoin, Ethereum and Solana demand. For readers asking “how many” and “how big,” …

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