Bitwise CIO Matt Hougan: “Good DATs Do Hard Things — Bad DATs Get Punished”

Bitwise Chief Investment Officer Matt Hougan has weighed in on the growing debate over Digital Asset Treasuries (DATs). He argues that only companies executing complex, value-adding crypto strategies deserve to trade at a premium. The comments come amid a sharp revaluation in the DAT sector. Most firms’ market net asset values (mNAVs) have converged toward 1 source: https://beincrypto.com/digital-asset-trust-premiums-collapse/