Finance, Bitcoin ETF, Bitcoin Treasury Reserve Asset, News The boom in corporate bitcoin buyers highlights how fast DATs are scaling. But their model is fragile when outperformance depends on premiums, converts, and cheap debt.
“Just buy an ETF.” That blunt advice from Strive Asset Management CEO Matt Cole during a panel at Hong Kong’s Bitcoin Asia in August summed up the growing frustration with Digital Asset Treasuries (DAT) , the corporate vehicles that promise to outperform bitcoin (BTC) through clever financing and balance-sheet engineering …
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