According to @milesdeutscher, crypto treasury companies have accumulated $18B in digital assets since June 10, highlighting a structural demand surge not seen in prior cycles (source: @milesdeutscher on X, Aug 14, 2025). He states the race to capitalize on this trend is accelerating, implying continued inflows from treasuries in the near term (source: @milesdeutscher on X, Aug 14, 2025). For traders, if this accumulation persists, it can tighten circulating supply and support spot prices on dips, making flow tracking and liquidity monitoring increasingly important for timing entries and managing risk (source: @milesdeutscher on X, Aug 14, 2025).

According to BitMEX Research, its latest report reviews advisory service agreements and asset management agreements used by the newest wave of crypto treasury companies, outlining the most notable contractual terms for analysis (source: BitMEX Research). According to BitMEX Research, some agreements extend up to 20 years and charge annual fees as a percentage that the report characterizes as attractive, providing concrete parameters on duration and fee mechanics (source: BitMEX Research). According to BitMEX Research, the report consolidates these duration and fee details to aid analysis of crypto treasury mandates by market participants (source: BitMEX Research).