Matthew Sigel: Several listed companies abandon or adjust their Bitcoin reserve strategies

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Matthew Sigel, head of digital asset research at VanEck, stated on X platform that since 2026, several listed companies that have adopted digital asset treasury (DAT) strategies have abandoned or adjusted their Bitcoin reserve strategies. Satsuma Technology、Bitdeer、Prenetics、Genius Group、Vaultz Capital、MAIA Biotechnology All Bitcoin or digital asset holdings have been sold; MARA Holdings, Strategy, Nakamoto, Smarter Web Company, and Cango sell a portion of their Bitcoin for debt repayment, share repurchases, or to supplement working capital; Exodus and DigitalX have shifted from simply hoarding coins to actively managing digital asset holdings.

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