DATs have once again reaffirmed market consensus. Nasdaq's scrutiny and rectification of DATs is a positive development for the industry. They shouldn't "implant" air coins into the shells of listed companies, cash out, and exploit American investors. Otherwise, there will be endless trouble. A few weeks ago, I met with the owner of a major exchange to discuss the DAT craze. He predicted the craze would only last a month or two, his prediction proved true, and rectification is underway. In previous tweets, I've repeatedly mentioned that the underlying logic of DATs is “asset consensus”. Only Bitcoin, Ethereum, and Solana have the market's recognition of their technical and community consensus track record. (Strategy $MSTR's mNAV has fallen to 1.3x, $SBET to 0.82x, and $BMNR to 0.88x. Notably, only six DAT companies have an mNAV above 1, while the rest continue to trade at a negative premium. The reservoir effect previously associated with crypto asset appreciation is further weakening, according to PA News data.) In the future, the leading effect of DAT leading assets’ leaders will be more obvious, and they will have the opportunity to record a premium. Other non-mainstream assets and non-leading assets will have a negative premium. $MSTR $BMNR $SBET .@BitMNR .@fundstrat .@TomLeeTracker .@saylor