Digital asset treasuries (DATs) have reached a significant milestone, managing approximately $105 billion in assets, including Bitcoin, Ethereum, and Solana. This positions them as major holders of digital wealth, drawing comparisons to Berkshire Hathaway due to their potential to influence and mature the cryptocurrency markets through long-term capital strategies. Despite their growing influence, concerns persist regarding governance, exposure to market volatility, and the absence of professional management in some treasuries. These factors could impact the stability and effectiveness of DATs in the evolving crypto landscape.