While bitcoin and ether sellers can find buyers, companies with more niche tokens will find it more difficult to raise money from their holdings. Photo by OZAN KOSE/AFP via Getty Images/Postmedia files

Crypto-hoarding companies are ditching their holdings in a bid to prop up their sinking share prices, as the craze for “ digital asset treasury ” businesses unravels in the face of a US$1 trillion cryptocurrency rout .

Shares in Michael Saylor-led Strategy, the world’s biggest corporate bitcoin holder , have tumbled 50 per cent over the past three months, dragging down scores of copycat companies.

About US$77 billion has been wiped from the stock market value of these companies, which raise debt and equity to fund purchases of crypto , since their peak of US$176 billion in

See Full Page