Digital Asset Treasuries Collapse Amid Lost Confidence, Triggering Market Sell-Off
Digital Asset Treasuries Collapse Amid Lost Confidence, Triggering Market Sell-Off
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The market premium for Digital Asset Treasury (DAT) firms has completely vanished, with their mNAV ratios nearing 1.0. Analysts are attributing the recent downturn in the broader crypto market significantly to a mass liquidation event driven by these corporate treasury groups, indicative of a widespread loss of confidence in digital asset holdings.
The market premium for DAT firms has vanished, with mNAV ratios nearing 1.0. Analysts attribute the recent crypto slump partly to mass liquidation by these corporate treasury groups.