How the Next Crypto Winter Could Trigger a DAT Meltdown
Digital Asset Treasuries (DATs), companies whose sole purpose is to buy crypto tokens, have exploded in popularity. But are they structurally sound? We are about to find out.
In this segment from the Bits + Bips podcast, Vinny Lingham, Austin Campbell, Ram Ahluwalia and Steven Ehrlich break down why many DATs may be vulnerable to activist hedge fund strategies — especially in a downturn.
They reveal how:
- Some DATs are already trading at big discounts to NAV
- Hedge funds may exploit those gaps through shorting, buyouts, and liquidations
Only a handful of high-quality DATs may survive the next bear market
