Bitcoin supporters claim JPMorgan is manipulating the system against Strategy, DATs.

Criticism of JPMorgan’s Bitcoin-Backed Bonds Members of the Bitcoin community, along with supporters of Strategy, the largest corporate holder of Bitcoin, have voiced their discontent regarding JPMorgan’s proposed Bitcoin-backed bonds. They argue that the bank is instilling fear and uncertainty about Strategy and similar crypto treasury firms. These JPMorgan bonds are leveraged investment products that […]
Bitwise CIO States That Most DATs Will Likely Sell at Discounts Rather Than Premiums: Here’s the Reason Why

Simply put Hogan mentioned that digital asset treasury (DAT) companies generally deal with structural challenges that often keep their market prices below their actual asset values. He suggests that only a few uncertain strategies might manage to enhance crypto value per share over time. Others are now pointing out that mechanisms like staking and spot […]