Bitwise’s Matt Hougan Reveals Why Most Crypto Treasury Firms Should Actually Trade at a Discount
Bitwise Chief Investment Officer Matt Hougan outlined a valuation framework for digital asset treasury corporations (DATs) and stated that evaluation of the sector typically misunderstands how these companies must be priced relative to the property they maintain. In a collection of posts, Hougan stated the core query for valuing any DAT is to contemplate what…
