BitMine’s Chairman, Tom Lee, has shared his perspective on the recent surge of crypto-focused treasury companies and the future of this multi-billion-dollar trend. Crypto DATs Bubble Already Burst On Thursday, BitMine’s Chairman Thomas “Tom” Lee joined Fortune’s Crypto Playbook Podcast to discuss the surge of Digital Assets Treasury (DAT) companies and why he thinks the…
View More Has The Crypto Treasury Bubble Burst? Tom Lee Thinks So
A recent report from Bloomberg has unveiled a striking decline in corporate investment in crypto treasuries, highlighting a significant shift in this new trend that has considerably taken the market by storm throughout the year. Purchases by publicly traded digital-asset treasuries have plummeted dramatically, from 64,000 Bitcoin (BTC) in July to just 12,600 in August,…
View More 70% Decline In Corporate Crypto Treasury Buying: What’s Going On?