Ether Digital Asset Treasury Companies Outpace Peers as Crypto Tailwinds Build

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Source: CryptoNewsNet Original Title: Ether Digital Asset Treasury Companies Outpace Peers as Crypto Tailwinds Build: B. Riley Original Link: Crypto markets have climbed about 10% since Nov. 20, and ether-linked digital asset treasury companies (DATCOs) have been among the biggest beneficiaries.

The gains have been tied to improving risk appetite following central bank comments that reignited talk of a gradual shift away from the U.S. dollar as the dominant reserve currency, alongside expectations for interest rate cuts.

Across 25 DATCOs tracked, the group’s median mNAV rose to about 1.0x from 0.9x since the prior update, with the average also moving to roughly 1.0x from 0.9x.

mNAV compares a company’s enterprise value (EV), which is a firm’s market cap plus debt minus any cash, to the market value of its crypto holdings.

Performance has skewed toward leverage-like plays on crypto prices, with analysts noting that the recent tailwinds have particularly benefited ether-linked positions.

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