Standard Chartered has released a new report on the role of digital asset treasuries (DAT) in the cryptocurrency 0 Kendrick the bank’s global head of digital asset research said that Ethereum would benefit more from acquisitions by DAT companies than Bitcoin and 1 to Kendrick’s data DATs currently hold 4% of all Bitcoin
3.1% of Ethereum and 0.8% of 2 size means the success or failure of treasuries could have a significant impact on coin 3 noted that the primary reason for the recent valuation squeeze for DATs is market 4 said the success of DATs going forward will depend on three key factors: financing cost size and 5 stated that Ethereum and Solana treasuries can reach higher valuations compared to Bitcoin-focused DATs thanks to staking returns
and noted that Ethereum has an advantage over Solana in this area because ETH treasuries are more 6 report also noted that if some DATs trade below their asset value for an extended period consolidation could be a 7 argued that such mergers are more likely particularly in Bitcoin treasuries but that this would likely lead to a redistribution of existing assets rather than generating new 8 companies have faced significant declines in their share prices in recent weeks
raising questions about their sustainable purchasing power in the 9 companies need to trade above their market value to raise new funds and continue accumulating crypto 10 News: Big Whales Are Quite Active: Here Are Their Altcoin Trading Activities in Recent Hours Kendrick noting the relative resilience of Ethereum-focused DATs explained that BitMine Immersion (BMNR) the largest ETH treasury traded on the NYSE American
has continued its purchases after receiving approval for its strategy and currently holds over 2 million 11 amount corresponds to approximately 5% of the total 12 concluded his assessment with the following statements: “From a relative perspective we expect DATs to be a stronger price-supporting factor in Ethereum compared to Bitcoin and Solana.” *This is not investment 13 Reading: Standard Chartered Publishes Report on the Future of Bitcoin Ethereum and Solana!
Story Tags

Latest news and analysis from BitcoinSistemi



