Odaily Planet Daily reports that Upexi Chief Strategy Officer Rudick stated that Digital Asset Reserve Companies (DATs) may attempt value creation through generating yields, new revenue streams, and selective acquisitions, but he does not expect widespread consolidation. “I don’t think there will be a lot of M&A among DATs because sellers lack the motivation to sell below 1.0x mNAV (net asset value multiple), after all, they can sell assets at face value in the market,” Rudick said. “At the same time, buyers also lack reasons to acquire DATs above 1.0x mNAV because they can directly purchase these assets in the market.”
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Upexi Chief Strategy Officer: DAT may attempt to create value through generating revenue, new income streams, and selective acquisitions
Odaily Planet Daily reports that Upexi Chief Strategy Officer Rudick stated that Digital Asset Reserve Companies (DATs) may attempt value creation through generating yields, new revenue streams, and selective acquisitions, but he does not expect widespread consolidation. “I don’t think there will be a lot of M&A among DATs because sellers lack the motivation to sell below 1.0x mNAV (net asset value multiple), after all, they can sell assets at face value in the market,” Rudick said. “At the same time, buyers also lack reasons to acquire DATs above 1.0x mNAV because they can directly purchase these assets in the market.”