DAT
Coverage of DAT in the Nexus archive.
- Ether climbs toward $2K as Bitmine buys ETH, Robinhood L2 boost
ETH is approaching $2,000 due to TradFi adoption, DAT buying, and a network upgrade, with Bitmine purchasing ETH and Robinhood enhancing its L2 infrastructure.
- Strategy’s leveraged Bitcoin model has faced its first stress test: Grayscale
Grayscale's leveraged Bitcoin model has experienced its first stress test. The head of research at Grayscale, Zach Pandl, stated that a shift toward holding less Bitcoin on levered DAT balance sheets and more on diversified corporate balance sheets would be positive.
- Strive buys 382 BTC for roughly $30 million, holding spot as ninth-largest bitcoin treasury
Strive has purchased 382 BTC for approximately $30 million and now holds a total of 15,391 BTC, maintaining its position as the ninth-largest bitcoin treasury. This significant investment allows Strive to strengthen its holdings in the cryptocurrency market. The acquisition underscores the company's commitment to bitcoin.
- The DAT collapse: Pantera wants Satsuma to dump its bitcoin as shares crash 99%
Pantera Capital urges Satsuma to sell its bitcoin holdings as the DAT company's shares plummet 99% following a collapse. The drastic decline signals severe financial distress for DAT.