According to Wu Blockchain, Bloomberg reports that Bitcoin recently dropped below $100,000, further dampening market sentiment. Many DATs that used to trade above their crypto asset net asset value (NAV) have now fallen below NAV. Retail investors have collectively lost $17 billion this year on platforms like Strategy Inc. Maelstrom (Arthur Hayes' family office) co-founder Akshat Vaidya pointed out: 'A DAT with 80% physical asset backing is essentially a thin equity shell wrapped around a single highly volatile token. If the token drops 50%, the stock price could drop 80%-100% due to the disappearance of NAV premiums and forced selling pressure.' https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=51905