Cryptocurrency-focused investment and fund firm Pantera Capital announced that it has invested $300 million in crypto treasury companies (DAT).
The company also announced that the returns of these companies will be better than cryptocurrency ETFs.
Pantera partner Cosmo Jiang and content manager Erik Lowe stated in their published report that they have invested over $300 million to date in publicly traded DAT companies that hold cryptocurrencies on their balance sheets.
Stating that DAT companies will offer higher returns, Pantera executives stated that BitMine Immersion, one of Pantera's most important shares, increased by 330% with the Ethereum (ETH) strategy and surpassed the initial performance of the Bitcoin bull Strategy.
“DATs can generate returns that increase net asset value per share, resulting in greater underlying token ownership over time than simply holding spot.
Therefore, owning a DAT may offer the potential for higher returns compared to holding tokens directly or through an ETF.”
It was stated that Pantera's DAT portfolio includes eight cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Binance Coin (BNB), Toncoin (TON), Hyperliquid (HYPE), Sui (SUI) and Ethena (ENA).
These DAT companies include BitMine Immersion, Twenty One Capital, DeFi Development Corp, SharpLink Gaming, Satsuma Technology, Verb Technology Company, CEA Industries, and Mill City Ventures III.
*This is not investment advice.
