DAT Stocks Are on Sale. Are They a Buy? Plus, Why Crypto Is Dead - Ep.945

Laura Shin interviews Steve Ehrlich about digital asset treasuries (DATs), companies that stockpile Bitcoin and ETH, and their current trading discounts. They discuss the concept of Net Asset Value (NAV) and MNAV, comparing DATs to GBTC and ETFs, and strategies DATs are using to increase their stock prices. Later, Laura interviews Dougie DeLuca, an investor at Figment Capital, about his essay "Crypto is Dead," which discusses the shift in the crypto industry as non-crypto native entities begin to adopt blockchain technology. They explore strategies for attracting new users, the role of crypto culture, and the future of crypto applications, also touching on Coinbase's new initiatives and the potential death of the four-year market cycle.