Core Viewpoint - Hedge fund manager Eric Jackson is betting on the digital asset treasury (DAT) business model despite criticism from leading stock market index providers [1][6]. Group 1: Eric Jackson and EMJ Capital - Eric Jackson is a tech and media investor who founded EMJ Capital Ltd. in Canada in 2017, utilizing a proprietary AI/ML-driven algorithm to select tech equities [1]. - Jackson gained attention for his bullish comments that led to a more than 1,000% surge in Opendoor Technologies' shares over the last six months [2]. Group 2: Digital Asset Treasury (DAT) Business Model - The DAT model involves companies holding cryptocurrencies like Bitcoin and Ethereum on their balance sheets, similar to cash holdings [3]. - Companies like Michael Saylor's Strategy have pioneered this model, becoming the largest corporate holder of Bitcoin and inspiring others like Tom Lee's Bitmine Immersion Technologies to adopt it [4]. Group 3: Challenges Facing the DAT Model - The DAT model is facing challenges amid a crypto market crash, with MSCI considering excluding companies with over 50% of their assets in digital assets from the MSCI USA Index [6]. - Despite the potential delisting from the index, Jackson continues to pursue the DAT model [8]. Group 4: Recent Developments - On December 16, SRx Health Solutions announced a deal to acquire EMJ Crypto Technologies, led by Jackson, who will serve as CEO and chairman of the combined company [9]. - EMJ Crypto Technologies will actively allocate, hedge, and reinvest in crypto assets rather than passively tracking digital asset values [10].