Bitcoin treasuries' chances of big returns likely fading, says Ledn CEO
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最新报道：Ledn CEO Adam Reeds notes a cooling trend in digital asset treasury (DAT) firms, as Bitcoin's explosive returns seen in recent years appear unsustainable. Companies like MicroStrategy previously outperformed Bitcoin with 24x gains versus Bitcoin's 10x, but Reeds questions whether current DATs possess unique management or capital advantages to replicate such success. Market data shows DAT total capitalization falling to $134 billion from $165 billion a month ago, with key players like Metaplanet seeing shares drop over 30%. Despite a recent crypto market rebound above $4.1 trillion following Fed rate cut signals, DAT valuations remain under pressure.
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