Techub News reports that on Day 2 of Bitcoin Asia 2025 in Hong Kong, Binance founder Zhao Changpeng stated, "The phenomenon of more and more companies treating Bitcoin as a treasury asset is, in my opinion, as significant as cryptocurrency ETFs. Digital Asset Treasury companies (DAT) allow traditional investors to gain Bitcoin risk exposure through the stock market, which is a typical case of the bidirectional integration of cryptocurrency and traditional financial markets."

However, Zhao Changpeng also cautioned that some companies may only use 'Bitcoin Treasury' as a speculative tool, lacking real management capabilities. Market cyclicality is also a risk that cannot be ignored, "Most DAT companies must go through a complete bear market to truly prove their resilience."