Wu Blockchain (@WuBlockchain): Tom Lee: The DAT Bubble May Have Already Burst
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Tom Lee: The DAT Bubble May Have Already Burst On Fortune's program, Bitmine Chairman Tom Lee said the bubble in Digital Asset Treasuries (DAT) may have "already burst." Excluding Bitmine and MicroStrategy, the broader set of DAT companies still faces valuation pressure. He estimates around 80% of DATs are trading at a discount—so rather than a simple bubble pop, it reflects a market regaining discernment. Source: Fortune Magazine.