Only 4 of top 20 crypto treasury firms trade above asset value: report
Only 4 of top 20 crypto treasury firms trade above asset value: report
Only four of the top 20 digital asset treasuries by assets under management trade at a premium to their crypto holdings.Most of the companies studied have underperformed their underlying tokens since adopting a treasury strategy.Some treasury stocks beat their tokens by 15% to 40% over a recent period of less than three months, as discounts to asset value narrowed.The analysis says financing terms, operating income and management decisions now matter more when comparing the stocks.