"Without buybacks or a major bull market, ETH DATs have no natural catalyst back to NAV." https://t.co/TFyuDTkmTaJake (@immutablejacob):The Arbitrage Trap: Why ETH DATs trade below NAVETH Digital Asset Treasuries (DATs) look like bargains as shares trade at a discount to the $ETH they hold. But the “cheap ETH” view misses the structural risks.Unlike ETFs, DAT shareholders can’t redeem for $ETH. Instead, https://t.co/6SJ13WAKrm ...

Cryptocurrency Market Analysis - Digital Asset Treasuries (DATs) are incorporating assets like Bitcoin, TON, Solana, DOGE, and Ethereum into their balance sheets, which could impact the crypto market positively or negatively depending on whether they hold or dump these assets during bear markets [1] Security and Storage - The document promotes Tangem cold storage wallets, highlighting their EAL 6+ secure rating, simplicity, security, and affordability, and offers a 20% discount using specific codes [1] - Emphasizes the importance of diversifying crypto storage solutions [1] - Recommends StoneBook for securely storing seeds and passwords, noting its water/tear/tamper resistance and invisible ink feature, with a 20% discount available [1] Tax and Legal Considerations - Mentions a new crypto tax rule in 2025 [1] - Provides a link to crypto tax software with a 20% discount [1] Investment Strategies - Highlights various crypto investment strategies, including Dynamic DCA'ing, profit-taking methods for new/early cryptos, and strategies for exiting crypto positions [1] - Suggests a 5% allocation for "DEGEN PLAYS" [1] Exchange Recommendations - Recommends Kraken exchange, offering a $25 sign-up bonus [1] Educational Resources - Provides links to simplified crypto education resources and a website [1] - Refers to Ben's INTO THE CRYPTOVERSE site for on-chain, macro, and strategy analysis, offering a 10% discount on the first month of any plan (excluding lifetime) [1] Charitable Giving - Includes links to charities such as ProTechos and Amigos De Los Animales Animal Shelter, encouraging donations [1] Risk Disclaimer - Explicitly states that the content is not financial, legal, or tax advice and is for entertainment purposes only, urging viewers to perform their own research [1]

this is spot on! 💯🎯$USELESS has literally consolidated in the $200m - $400m range for 60 days nowmany have had a full two months to shove whatever size they want into #USELESS coin and chill as it speed runs to multi-billionsyet they will fade it now and start screaming 'cabal pump' when it makes the inevitable move to multi-billionsthis reminds me of the early days of USELESS, just before its parabolic move from $4.2m to $420m: it first ran from zero to $40m, pulled back hard to $4.2m lows, and for weeks a ...

Definition of Digital Asset Treasuries - Digital asset treasuries are public companies focused on accumulating Bitcoin, Ethereum, or other digital assets [1] - These companies arbitrage the price difference between their market cap and the value of their digital asset holdings [1][2] Funding Mechanisms - They raise capital through at-the-market offerings, debt issuance, or convertible bonds [1] - The raised capital is used to acquire more digital assets [1][2] Market Dynamics - These companies often trade at a net asset value (NAV) premium, meaning their market cap exceeds the value of their balance sheet [2] - They can issue more shares at a higher price due to the premium, further accumulating assets [2] Goal - The ultimate goal is to increase the amount of ETH or Bitcoin per share [2]

Market Trends & Future Outlook - The report focuses on the forces shaping the crypto market in the coming months [1] - It aims to provide insights needed to navigate the crypto market through 2025 [1] Key Discussion Points - Digital asset treasuries are a key topic of discussion [1] - Jackson Hole's influence on the crypto market will be examined [1]

Market Analysis - Fundstrat 认为，数字资产的增长并不一定意味着泡沫，仅仅是因为投资者未持有该资产 [1] - 资产价格上涨并不等同于泡沫 [1]

Fundraising Trends - Digital Asset Treasuries (DATs) dominated July fundraising, accounting for 8 of the top 10 funding rounds [1] - DATs secured $4.9 billion in funding during July [1]

Digital Asset Treasury (DAT) Market Overview - Digital Asset Treasuries (DATs) imploding is a significant risk in the crypto bear market [1] - All DATs trade at a premium, ranging from 1.1x to 2.9x over their Net Asset Value (NAV) [1] - Metaplanet has the highest premium at 2.9x NAV [1] Tracking and Analysis - Delphi Digital launched a new Digital Asset Treasury Dashboard [1] - The industry needs dashboards to track DATs daily [1] - There is a need for the dashboard to be actively updated with all DATs for altcoins [1]

Digital Asset Treasuries imploding could be the biggest risk in the new crypto bear market.So I need good dashboards to track this daily.@Delphi_Digital launched a new Digital Asset Treasury Dashboard.All DATs trade at a premium ranging from 1.1x to 2.9x over their Net Asset Value.Metaplanet highest at 2.9x NAV.It would be great to see this dashboard actively updated with all DATs for altcoins as well. ...