Samsung Securities released a report on May 20 indicating a shift in competition among Digital Asset Treasury (DAT) companies from merely holding cryptocurrencies to focusing on asset utilization capabilities. The report highlights that while the early DAT market was primarily concerned with the scale of BTC and ETH holdings, future competitiveness will hinge on activities such as Bitcoin mining, Ethereum staking, issuance of financial products backed by BTC, and maintaining stable cash flows and core business operations. These factors are expected to be crucial in assessing the sustainability of DAT enterprises.