CoinWorld News reports that Upexi Chief Strategy Officer Rudick stated that Digital Asset Reserves companies (DATs) may attempt value creation through generating revenue, new income streams, and selective acquisitions, but he does not expect widespread consolidation. "I don't think there will be a lot of M&A among DATs because sellers lack the motivation to sell below 1.0x mNAV (market Net Asset Value multiple), after all, they can sell assets at face value in the market," Rudick said. "At the same time, buyers also lack the reason to acquire DATs above 1.0x mNAV because they can directly purchase these assets in the market."

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)