Tom Lee, Chairman of Bitmine, suggested that the bubble in the Digital Asset Treasuries (DAT) sector may have burst. Speaking on a Fortune program, Lee noted that aside from Bitmine and MicroStrategy, many DAT companies are under valuation pressure. He estimated that approximately 80% of DATs are trading at a discount, indicating a market correction rather than a bubble burst.
Tom Lee Suggests DAT Bubble May Have Burst
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