CoinShares: The Digital Asset Treasury "bubble has basically burst," the next generation of DAT cannot blindly issue debt to hoard tokensJames Butterfill, Head of Research at digital asset management firm CoinShares, stated that the speculative bubble of Digital Asset Treasuries (DAT) has indeed burst from many perspectives.
(Previous context: Texas spent $5 million to purchase BlackRock IBIT: After DAT fizzles out, can SBR take over and reignite the Bitcoin bull market?)
(Background supplement: Wall Street resists DAT? MSCI considers excluding "crypto treasury companies" like MicroStrategy from index components)
James Butterfill, Head of Research at digital asset management firm CoinShares, published a lengthy blog post on December 5, directly pointing out: Digital Asset T
動區BlockTempo·56m ago