Digital asset treasuries led a crypto stock recovery after a leverage flush. Nasdaq-listed EthZilla and BitMine saw gains, with BitMine up over 650% since June. Thumzup Media Corp was the top-performing crypto stock of the day on Nasdaq. Bitcoin DAT stocks were slower to recover than altcoin treasuries.

Altcoin treasury companies outperformed Bitcoin counterparts. GD Culture Group, Solana treasury, and Sui Group Holdings saw gains. Michael Saylor’s Strategy treasury had a modest gain of 5.78% on the day. Strategy stock is down 37.4% since the beginning of the year.

BitMine continued buying Ether during the dip, purchasing significant amounts on Monday and Tuesday. Ether prices rebounded to $3,060 on Wednesday morning. Purchases have not been officially confirmed by the company. The crypto market showed signs of recovery.

Read more at Cointelegraph: Ether Treasury Stocks Lead Crypto Recovery Gains