Why are the Bitcoin axes no longer guaranteed the stock pump star-news.press/wp

The number of Treasury companies in Bitcoin (BTC) continues to climb, but the announcement of the BTC strategy is no longer a guaranteed way to pump the company’s share price.

The model was a pioneer in the strategy (formerly Microstrategy), and it is now the largest commercial holder in the world with 632,457 BTC at the time of writing this report. Since the first purchase in August 2020, the strategy shares have increased by more than 2,200 %.

As of Friday, August 29, 2025, 161 companies publicly traded each Hold More than 1 BTC, according to Bitcontreasuries.net. Together, they carry 989,926 BTC – about 4.7 % of bitcoin supply.

A wave of new arrivals joined the Bitcoin Club of the Treasury in 2025, but the market reaction may cool. Some companies varied in ETHER (ETH) instead, while others saw that their shares were trading with levels or even below, before implementation.

Below is a look at some of the companies that failed to pay the stocks in keeping pace with their bitcoin ambitions.

Gamestop: Holds 4,710 BTC

The fate of Gamestop has long been intertwined with Bitcoin and Crypto. In 2021, retail traders on R/Wallstreeetbets subreddit caused short pressure on Gamestop shares, prompting MI’s financing to the main current.

Almost at the same time, Mimikoin Dukwin (Dog) rose on a wave of cultural noise, online communities and tweets from Elon Musk.

On March 26, 2025, Gamestop announced its plan to invest in Bitcoin. Unlike the pumps driven by Mimi for the year 2021, Bitcoin failed to re -create the same frenzy. Gamestop initially jumped 12 % on this announcement, and later reached its climax at $ 35 per share on May 28 after the company revealed it acquired 4,710 BTC.

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But investors quickly sold the news in both events. On Thursday, her shares were closed at $ 22.79, a decrease of more than 27 % on an annual basis.

Empier Digital: Holds 4,019 BTC

Not every bitcoin buyer comes to companies with Gamestop background; Many have nothing to do with encrypted currencies or Blockchain. Microstrategy was a business intelligence software company before it was a bitcoin pioneer. Metaplanet began in Japan as a budget hotel operator before you start following the strategic play book in 2024. The price of his share has since increased by up to 6000 %.

Volcon, electric vehicle maker, Declare Bitcoin wardrobe strategy worth $ 500 million on July 17. Two weeks later, it was renamed as Empier Digital and adopted TECKER EMPD on the Nasdaq Stock Exchange.

Before the axis, EMPERY shares were often traded between $ 6 and $ 7, much lower than the highest level in January 35 dollars. Bitcoin briefly raised the stock to $ 21 on July 17, but the gathering did not last. On Thursday, Empd was closed at $ 6.99, again in its usual range.

Sequans Etisalat: holds 3,170 BTC

Sequans Communications, a French semiconductor company listed on the New York Stock Exchange in 2011 under SQNS TOCKER, has a trading with a pale encoding symbol: nails in the hot menu followed by long -term disappointment.

At the beginning of July 2025, SQNS was drifting at $ 1.45 after a year of steady decline. Bitcoin’s first purchase on July 10 was briefly settled, and sent shares of up to $ 5.39 in the following days. But the momentum faded quickly, by early August, the stock fell to $ 1.25.

On Monday, SEQUANS announced a $ 200 million market offer to finance its plans to collect 100,000 BTC by 2030. The news did not prevent SQNS from slipping; On Thursday, closed at $ 0.91.

Vanny Coffee: Holds 100 BTC

Like many companies that have turned into Bitcoin, the Cafe Cafe Fanadi Coffee series has been pushed into a strategy by financial distress. In 2024, the company I mentioned 3.33 million euros ($ 3.9 million) in the annual loss, up from 2.87 million euros in the previous year.

The Bitcoin plan became official on June 29, and the next day, its shares rose to 1.09 euros, which led to the closure of the month by more than 300 % of the opening price of 0.27-euro.

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By mid -trading on Friday, August 29, 2025, the stock fell to 35 cents euros. It still rises 95.6 % on an annual basis, but decreased by 44 % of the same point in 2024.

Ming Xing Group: Holds 833 BTC

Ming Sing Group, a construction and engineering company in Hong Kong, was listed on the Nasdaq Stock Exchange on November 2024. Soon after its launch in public, it began to accumulate Bitcoin, which led to its first purchase on January 13, 2025, with 500 BTC. At the time of writing this report, it carries 833 BTC.

After appearing for the first time on the Nasdaq Stock Exchange at $ 5.59 on November 22, 2024, its strategy in Bitcoin initially paid stocks to the highest level ever at $ 8.50. Since then, the stock has decreased to $ 1.85 in near Thursday.

On August 21, the company announced a $ 483 million deal to obtain an additional 4,250 BTC with the shares version. If completed, Ming Sing will become the largest carrier of Bitcoin in Hong Kong, bypassing Boyaa Interactive, which holds 3640 BTC and currently occupies the second largest ministry of currency in Asia behind Metaplanet.

The last announcement raised the price of the Ming Shing share, which is struggling for a while, although most gains are erased on the same day.

K wave media: holds 88 BTC

Kave Media in South Korea purchased Bitcoin in July 2025, but its shares have been slipping since then. The company raised one billion dollars for BTC acquisitions, however the stock is still under pressure.

The initial announcement came on June 4 in the Securities and Stock Exchange Committee presentationWhere K Wave revealed a $ 500 million -dollar stock purchase agreement with strategic Reserve Bitcoin. The deposit also set plans to run the lightning network and integrate BTC into its financial platform and consumer.

On May 13, Global Star Acquisition and K. Entertaining completed the integration of the SPAC for the formation of K wave media. While Bitcoin’s subsequent strategy raised shares shortly from post -SPAC sales, momentum faded quickly. Since the first BTC purchase on July 10, the shares continued to decline, as it was closed at $ 1.85 on August 28 – slightly less than the level of $ 1.92 registered on July 3, on the day before the Bitcoin Treasury was previously presented.

Early success cases between Bitcoin Treasury companies

These cases show that the announcement of the Bitcoin strategy still serves Mary’s tricks for troubled companies and does not guarantee permanent gains. Stock prices often rise on the news, but rarely complicated.

However, there are a few digital diamonds in raw. On May 12, the BistlyMd healthcare provider announced plans to integrate with Nakamoto Holdings to form Bitcoin Treasury, which is now trading on the NASDAC Exchange under the Naka Index.

In recent months, Nakamoto Holdings has surpassed metaplanet and has become the sixteenth place of Bitcoin in the stock exchange, with 5,765 BTC.

The convoration of the Japanese nail, the Japan nail, excels over both Nakamoto Holdings and Metaplanet. At the time of writing this report, 365 BTC, a relatively small war box compared to the likes of Metaplanet and Nakamoto Holdings.

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