Few Digital Asset Treasury Companies to Trade at a Premium, According to Bitwise

On the 24th, Matt Hougan, Chief Investment Officer at cryptocurrency management firm Bitwise, expressed his view that most Digital Asset Treasury (DAT) companies are likely to trade at discount prices.

While shares of some treasury companies trade at a premium exceeding the value of the cryptocurrencies they hold, this premium has been narrowing recently, Hougan noted. He predicted the following:

Over the past six months, various treasury companies have experienced simultaneous rises and falls. However, going forward, greater differentiation is expected.

Some treasury companies will successfully manage...