促成这种策略转变的主要动机，是来自于 Alphabet 和微软等科技巨头投入巨额资金建设人工智慧基础设施，使得资料中心相关企业成为市场上表现最亮眼的标的。相较之下，代币价值的暴跌导致许多数位资产库存股票的交易价格低于其持有的加密货币净值，彻底扼杀了这个昔日热门商业模式的市场需求。
虽然律师事务所指出新的数位资产库存交易已全面停摆，并预期该模式将逐渐消失，但并非所有转型至人工智慧的公司都以失败收场。像是 CoreWeave 等部分比特币挖矿公司，成功将其业务转型为云端运算服务并获得了极高的市场估值，这凸显出真正为人工智慧进行改造的基础设施，依然能够吸引强烈的投资兴趣。
Many cryptocurrency treasury companies are attempting to rebrand and pivot to the artificial intelligence sector in an effort to win back investors following a significant crash in crypto prices. Despite their efforts to capitalize on the AI boom and data center expansion, the stock performance of these rebranded firms, such as K Wave Media and Alpha Compute, has continued to decline sharply.
The main motivation for this strategic shift is the massive influx of capital into AI infrastructure, driven by tech giants like Alphabet and Microsoft, which has made data center companies the top market performers. In stark contrast, plummeting token values have left many digital-asset treasury stocks trading below the net value of their crypto holdings, effectively killing demand for this once-popular business model.
While law firms note a complete halt in new digital-asset treasury deals and expect the model to largely disappear, not all companies pivoting to AI have failed. Some Bitcoin miners like CoreWeave successfully transitioned their operations into cloud-computing services and achieved significant market valuations, highlighting that genuine infrastructure retooled for AI can still attract strong investor interest.