According to the source, a December 22, 2025 Twitter post highlights the biggest corporate crypto treasury bets of 2025 and frames them as evidence of a MicroStrategy-style Bitcoin playbook spreading across corporates. Source: Twitter post dated December 22, 2025. For trading, the key catalyst is the 2025 adoption of FASB ASU 2023-08, which requires fair value measurement of crypto assets with changes recognized in net income, increasing earnings and EPS sensitivity to BTC price moves. Source: FASB Accounting Standards Update 2023-08. Traders should time risk around 10-Q and 10-K disclosure windows and scan Form 8-Ks for material treasury actions, as U.S. issuers must disclose material crypto holdings, risks, and valuation under GAAP and Regulation S-K. Source: SEC Forms 10-K, 10-Q, and 8-K disclosure requirements. Where companies follow a MicroStrategy-like approach funded by debt or ATM equity, monitor leverage, share issuance, and disclosed cost basis to assess dilution risk and balance-sheet convexity to BTC. Source: MicroStrategy Inc. SEC filings and offering documents. A practical setup is to pair-monitor BTC spot and options with equities of companies signaling treasury crypto exposure into earnings, given 2025 fair-value P&L transmission. Source: FASB Accounting Standards Update 2023-08.