🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
Market outlook, project thoughts, research takeaways, user experience — all count.
📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
Bloomberg: the digital treasury boom ended in failure
The strategy of DAT companies, which copied Michael Saylor’s model—raising capital and buying crypto—saw a sharp rise in the first half of the year, but then collapsed. The shares of many firms plummeted: the median decline was 43%, with some companies losing up to 99% of their value and now trading below the value of their crypto assets.
The main problem is that tokens do not generate income, while debts and dividends still need to be serviced.
For the first time, Strategy allowed for the possibility of selling BTC, which weakens the key narrative of “eternal hodling” and creates the risk of chain liquidations. At the same time, large DATs are starting to acquire smaller ones that have fallen below the value of their assets.
$BTC $SOL $USDC