Digital Asset Treasury Companies (DATCos) made major moves in the crypto space, deploying over $49B throughout 2025 for crypto acquisitions. The spending surge was particularly aggressive in Q3, which alone represented roughly half of the year's total deployment as a new wave of altcoin-focused DATCos entered the market. By January 1, 2026, these companies had accumulated $134B in total crypto holdings—a remarkable 137.2% jump compared to their positions just one year prior. This explosive growth reflects the increasing institutional appetite for digital assets and the strategic pivot toward diversified crypto portfolios among corporate treasury managers.