Investment firm Pantera Capital has announced significant investments totaling $300 million in crypto treasury companies, expected to yield higher returns than cryptocurrency ETFs.
Investment in DAT Companies
Pantera Capital, focused on cryptocurrency investments, has announced that it has invested over $300 million in publicly traded companies known as DAT that hold cryptocurrencies on their balance sheets.
Expected Returns and Portfolio
According to Pantera's executives, DAT companies can provide higher returns compared to simply holding tokens or investing via ETFs. Notably, they've highlighted that shares of BitMine Immersion, one of their key holdings, increased by 330% using an Ethereum (ETH) strategy.
Overview of Companies in the Portfolio
Pantera's portfolio includes eight cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Binance Coin (BNB), Toncoin (TON), Hyperliquid (HYPE), Sui (SUI), and Ethena (ENA). The DAT companies comprise BitMine Immersion, Twenty One Capital, DeFi Development Corp, SharpLink Gaming, Satsuma Technology, Verb Technology Company, CEA Industries, and Mill City Ventures III.
Pantera Capital continues to show active engagement in the cryptocurrency market, investing substantial sums in companies that they believe can deliver high returns through crypto treasury assets.
