CoinWorld News reports that Upexi Chief Strategy Officer Rudick stated that Digital Asset Reserves companies (DATs) may attempt value creation through generating revenue, new income 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 (market 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 the reason to acquire DATs above 1.0x mNAV because they can directly purchase these assets in the market."
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CoinWorld News reports that Upexi Chief Strategy Officer Rudick stated that Digital Asset Reserves companies (DATs) may attempt value creation through generating revenue, new income 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 (market 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 the reason to acquire DATs above 1.0x mNAV because they can directly purchase these assets in the market."