Recently, digital asset finance and DAT companies have become a hot topic, and these days it’s harder to find coins that don’t engage in DAT. Even 0G announced DAT before its listing. The total market capitalization of DAT companies led by MicroStrategy currently amounts to $114B, which is said to be over 60% growth in the last six months. These DAT companies trade at multiples of the underlying asset's coin price and form a floor price at the 1x level even if they decline. Recently, even though Bitcoin and Ethereum have fallen, these companies maintained an mNAV between 0.9 and 1.1. In other words, a 1.0 mNAV can be considered a low point for DAT stocks. Recently, the $MCGC, which plans to engage in DAT with the Kronos token as the underlying asset, is a company that currently holds about $1.5 billion worth of CRO tokens and is trading at around 0.82 mNAV. Today, the stock price is $10.68, and it seems it hasn't reached the 1x multiple yet. Currently, due to the overall...
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