Bitcoin Digital Asset Treasury (DAT) Model
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Is the Bitcoin Digital Asset Treasury Model Broken? Architect Partners Says No
Yahoo Finance· 2025-11-30 14:00
Bitcoin digital asset treasury (DAT) companies have been making headlines in recent weeks, and often for the wrong reasons. A sharp decline in crypto markets and over 40% slump (as of Nov. 27) in the share price of the world's largest corporate holder of bitcoin, Strategy (MSTR), this year, has led some to question the sustainability of these companies. Strategy’s steep underperformance relative to bitcoin (down about 2% this year) in recent months may be due to looming index-inclusion risk rather than c ...