Pantera Capital Discloses Over $300 Million Investment in Digital Asset Treasury Company

BlockBeats News, August 13th, Pantera Capital disclosed for the first time that it has cumulatively invested over $3 billion in Digital Asset Treasury (DAT) companies. Such companies hold a large amount of crypto assets and increase their per-token holdings through yield strategies. BitMine Immersion, as a key holding of Pantera, became the world's third-largest DAT company after launching an Ethereum treasury strategy, holding 1.15 million ETH with a market value of about $4.9 billion.

Pantera pointed out that BitMine's ETH per token grew by approximately 330% in the first month, mainly from super-value issuance and staking rewards. (The Block)