
Crypto treasuries lead stock recovery after shaky start to December

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Digital asset treasuries (DATs) are leading a crypto stock recovery after a leverage flush. Ether DATs, including EthZilla, saw significant gains, with BitMine shares up over 650% since June. Thumzup Media Corp was the top performer with a 13.25% gain. Bitcoin DAT stocks recovered slower, while altcoin treasuries like GD Culture Group and Solana saw notable gains. BitMine reportedly bought significant amounts of Ether, though unconfirmed. Ether prices hit a five-day high of $3,060.

