The stock prices of Digital Asset Treasury (DAT) companies that acquired Bitcoin as a strategic asset are in significant decline, raising the possibility of a new headwind for Bitcoin’s price. According to a new report from on-chain data platform CryptoQuant, a continued weak performance in Bitcoin’s price could create a negative feedback loop. What Is a PIPE? CryptoQuant’s report focuses on Bitcoin holding companies that have raised capital through Private Investment in Public Equity (PIPE) programs. The firm’s analysis of these companies’ stock performance found a significant downtrend
source: https://beincrypto.com/bitcoins-hidden-risk-dat-stock-meltdown-may-trigger-forced-selling/