Digital asset treasuries (DATs) could be showing early signs of a bubble as rapid capital inflows are observed, according to Veronika Kapustina, CEO of TON Strategy. Despite potential short-term consolidation, Kapustina anticipates medium-to-long-term institutional investments as the market matures. Currently, corporate treasuries hold over 1.3 million BTC, valued at approximately $157.7 billion, and 5.5 million ETH, worth around $24 billion, as reported by BitcoinTreasuries.NET and StrategicEthReserve. Kapustina highlighted that DATs represent a new financial segment with cross-token viability, distinguishing them from previous market bubbles.