Upexi Chief Strategy Officer: DAT may attempt to create value through generating yield, new revenue streams, and selective acquisitions.
According to Odaily, Upexi Chief Strategy Officer Rudick stated that Digital Asset Reserve Companies (DATs) may attempt to create value through yield generation, new revenue streams, and selective acquisitions, but he does not expect widespread consolidation.
"I don't think there will be a large number of mergers and acquisitions among DATs, because sellers lack the motivation to sell below a 1.0x mNAV (multiple of net asset value), since they can sell assets at face value on the market," Rudick said. "At the same time, buyers also lack the reason to acquire DATs at above 1.0x mNAV, as they can directly purchase these assets on the market."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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