Staking

.Digital‑asset treasuries (DATs) are publicly listed firms that hold crypto like Bitcoin or Ether on their balance sheets, giving investors indirect exposure through equity. Their numbers grew from under ten in 2021 to about 190, controlling roughly $100 billion. DATs aim to outperform holdings via tools such as premium‑linked share issuances and staking yields, offering regulated access for institutions. Recent crypto price drops have pushed many DATs below net‑asset‑value parity, causing discounts, liquidity pressures, and potential forced sales that could amplify market volatility. Observers view the sector as in correction, but firms diversifying assets and generating on‑chain yield may survive.

With an IRS brokerage reporting mandate for digital asset transactions starting in 2025, investors must prioritize meticulous record-keeping for crypto taxes. The IRS treats cryptocurrency as property, triggering capital gains or losses upon sale. Staking and DeFi further complicate matters. Tax-loss harvesting opportunities exist amidst market volatility. Many accountants lack sufficient crypto tax expertise, emphasizing the need for specialized advisors to ensure accurate reporting and optimize after-tax returns in this evolving regulatory landscape.

DeFi Development Corp. (DFDV) reported corrected holdings of 999,999 SOL and equivalents valued at $181M as of July 20, 2025. Recent acquisitions of 140,383 SOL at an average price of $133.53 were made using an Equity Line of Credit, issuing 740,000 new shares. The SOL per share increased 13% week-over-week. Generated 1,867 SOL from staking and validation. The company stakes unlocked SOL, yielding native returns, and hosts third-party delegated stakes.