Upexi Chief Strategy Officer: DAT may try to create value through revenue generation, new revenue streams, and selective acquisitions.

Upexi's Chief Strategy Officer, Rudick, stated that digital asset reserves (DATs) may attempt value creation through revenue generation, new revenue streams, and selective mergers and acquisitions, but he anticipates limited consolidation. "I don't think there will be a lot of mergers and acquisitions among DATs because sellers lack an incentive to sell at less than 1.0x mNAV (net asset value multiple), since they can sell assets on the market at par," Rudick said. "At the same time, buyers also lack a reason to acquire DATs at more than 1.0x mNAV, as they can directly purchase these assets on the market."