According to Odaily Odaily, Upexi's Chief Strategy Officer Rudick stated that digital asset reserves (DATs) may attempt value creation through generating revenue, new revenue streams, and selective mergers and acquisitions, but he does not anticipate widespread consolidation.
“I don’t think there will be a lot of mergers and acquisitions among DATs because sellers have little incentive to sell at less than 1.0 times mNAV (net asset value multiple), since they can sell the assets on the market at par,” Rudick said. “At the same time, buyers also have little reason to acquire DATs at more than 1.0 times mNAV, because they can buy these assets directly on the market.”
