Michael Hubbard from SOL Strategies claims there is no sustainable market for digital asset treasuries. He believes the appeal of these treasuries has waned as staking ETFs become more popular and regulated, suggesting they will surpass traditional DATs.
SOL Strategies recently rebranded from Cypherpunk Holdings, focusing on Solana. The firm manages a significant digital asset treasury, positioning itself among the top holders of the Solana token.
Leave a Reply