What is a digital asset treasury company and why use it?

Dan Moorehead
Replied byDan Moorehead

Founder & CEO at Pantera Capital

Niche: Technology, Finance, Cryptocurrency
Revenue: $1M+/month
Location: USA
Started: 2015 or earlier

It is a listed company that holds a token on its balance sheet. It lets equity investors own the token. Unlike many ETFs, a DAT can stake and grow tokens per share. That can outperform over time. Leverage should be low. If it trades below NAV a stronger DAT can acquire it.

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