Bitwise CIO Highlights “Hard” DAT Strategies

[madtrader]

Bitwise CIO Matt Hougan weighed in on the Digital Asset Treasury (DAT) debate, arguing that only companies executing complex, value-adding crypto strategies deserve a market premium.

Hougan explained that simple crypto holdings or buy-and-hold approaches are no longer enough to justify valuations, especially as ETFs now offer similar exposure with lower friction. He singled out MicroStrategy (now Strategy) as a standout DAT executing a difficult but rewarding strategy.

[Nahid Hossen]

Bitwise’s disciplined approach shows why data-backed crypto strategies matter.

[EmTeam]

In volatile markets, structured conviction is the real edge.