[Tom Lee: The Bubble of Crypto Treasury Companies May Have Burst] BlockBeats News, October 16, according to Fortune, crypto treasury companies (DAT) have become one of the most prominent features of the current crypto bull market. The so-called DAT refers to enterprises that hold specific cryptocurrencies (ranging from Bitcoin to Dogecoin) and attempt to operate a publicly traded instrument that offers investors exposure to these assets in the form of stocks. However, as the number of such projects surges, critics warn that digital asset treasuries may become the latest bubble in this rollercoaster industry. Tom Lee, Chairman of BitMine, the leading Ethereum holding institution, stated that this bubble may have already burst.