X @Andy
Andy·2025-08-16 01:50

RT Pratik Kala (@PratikKala)not bold but the most likely outcome- it will start with smaller DAT's trading at discounts due to lack of interest/bad governance- there will be talks of M&A from larger to smaller DATs... some deals but largely going to be messy with the number of them out there- shareholders will take them to the SEC which will cause panic in the market- and all ATM facilities, convertible debt, pref issuance will lose investor interest until the mess is sorted out- it will take ~18-24 months ...

X @Andy - Reportify