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Pantera Capital Bets $300 Million on Crypto Treasuries to Outshine ETFs

Key Takeaways

  • ​Pantera Capital has invested $300 million in crypto treasury firms across the US, UK, and Israel;
  • These firms, called DATs, use staking and on-chain strategies to grow crypto per share;
  • Early backers of this approach include major investors like Stan Druckenmiller and ARK Invest.

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Pantera Capital Bets $300 Million on Crypto Treasuries to Outshine ETFs

Pantera Capital, a crypto venture capital company, has committed $300 million into a group of companies that manage cryptocurrencies.

The company stated that it expects these businesses to outperform crypto exchange-traded funds (ETFs) when it comes to long-term gains.

According to statements from Cosmo Jiang and Erik Lowe of Pantera, these firms, called digital asset treasuries (DATs), regularly put their crypto holdings to work.

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Instead of simply holding coins, DATs generate earnings through methods like staking and other on-chain strategies, which allow each share to grow in value over time.

The fund’s capital has gone to companies based in the United States, the United Kingdom, and Israel. These businesses hold various cryptocurrencies, including Bitcoin BTC $115,692.78 , Ethereum ETH $4,457.15 , and Solana SOL $237.71 .

Pantera said these firms use different methods based on their individual strengths to build up their digital assets and increase shareholder value.

One of the first companies to receive an investment from Pantera’s DAT Fund was BitMine Immersion Technologies, an Ethereum-focused treasury led by Tom Lee.

While Pantera acknowledges that the long-term success of this approach is yet to be fully proven, the firm noted that institutional investors, including Stan Druckenmiller, Bill Miller, and ARK Invest, have already supported BitMine.

Meanwhile, Metaplanet and The Smarter Web Company recently added about $100 million worth of Bitcoin to their reserves. What is each company aiming to achieve with this BTC purchase? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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