最新报道:Digital asset treasury companies (DATs) are racing to exploit the premium investors pay for crypto held by listed firms, with SPAC listings compressing timelines to around six months. However, the mNAV premium is already shrinking, pushing some to acquire failing listed companies—like Sharps Technology, which reported zero revenue and a $2M loss—to maintain exchange listings and avoid Russell index exclusion. This strategy avoids regulatory risks but introduces exposure to weak underlying businesses, as speed outweighs quality in capturing fleeting arbitrage opportunities.