Pantera Capital warns that 2026 could be challenging for companies holding crypto on their balance sheets. Bitcoin and Ether prices remain stable, signaling a shift towards large institutions as long-term holders. Companies holding crypto act as a corporate savings account, with some using it as protection against inflation or betting on price increases.

Pantera notes that companies able to borrow cheaply or raise significant funds have an advantage in accumulating crypto. As larger firms control more coins, they can impact price movements by tightening supply or causing sudden drops. Smaller companies may struggle, resorting to selling their crypto or accepting buyouts to stay afloat.

The trend of fewer corporate holders over time affects individual investors in various ways. Long-term corporate holders can support prices during calm periods by reducing the number of coins available. However, sudden selling by a large company can lead to sharp price drops. Institutional involvement in crypto treasuries and custody becomes more critical as a small group holding a large share of coins can influence the entire market.

As 2026 approaches, fewer companies are expected to hold crypto on their books, but those remaining will be larger and more influential. New investors should avoid assuming that big company involvement makes crypto calm or predictable. Staying informed, patient, and cautious is advised to navigate the changing crypto landscape.

Read more at Yahoo Finance: Pantera Warns 2026 Will Wipe Out Smaller Crypto Treasuries