# Crypto-Treasury Experiments Unravel at Small Public Companies as Marks Collapse

ZeroStack's crypto holdings fell from $163 million to $15 million, Interactive Strength wrote off a $50 million token bet, and a real-estate firm's $8 million balance may be locked.

- Published: 2026-08-03T05:28:57.944Z
- Canonical: https://polylog.news/crypto/2026-08-03/crypto-treasury-experiments-unravel-at-small-public-companie
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate (ZeroStack)](https://cryptoslate.com/a-163m-crypto-stash-collapsed-to-just-15m-forcing-zerostack-to-literally-stake-its-survival-on-token-rewards/), [CryptoSlate (Interactive Strength)](https://cryptoslate.com/after-a-failed-50m-crypto-gamble-interactive-strength-is-dodging-a-severe-cash-crunch-by-shoving-shareholders-behind-a-brutal-15-liquidation-wall/), [CryptoSlate (La Rosa)](https://cryptoslate.com/la-rosas-8-1-million-crypto-balance-comes-with-one-unanswered-liquidity-question/)

Beneath the well-known bitcoin-treasury names, a group of small public companies that adopted crypto balance sheets is now reporting the downside of that strategy. CryptoSlate reports that ZeroStack's crypto holdings fell from $163 million…

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