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From SPACs to Cash-Flow Buys: How DATs Are Plotting the Next Growth Phase
Yahoo Finance·2025-09-28 18:00

The world of Digital Asset Treasury (DATs) has entered a new era, after Strive (ASST) announced an all-stock deal to acquire Semler Scientific (SMLR) this week. The deal marked the first merger of two publicly traded bitcoin treasuries, and according to a Wall Street banker familiar with the situation, this is just the start of a massive consolidation wave among the DATs. The banker, who opted to remain anonymous, outlined three scenarios for how DATS may evolve. Mergers to add more BTC The first of th ...