The state of digital asset treasury companies with The Ether Machine and OranjeBTC

The Block
2026.01.16 22:10
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Episode 53 of The Crypto Beat features Tim Copeland, Andrew Keys of The Ether Machine, and Guilherme Gomes of OranjeBTC discussing the rise of digital asset treasury companies (DATs). They explore how DATs aim to outperform crypto ETFs through active management strategies, while addressing risks related to execution, NAV premiums, and sustainability. Key topics include DeFi strategies, market access, regulatory concerns, and the impact of market cap decline. The episode also touches on Bitcoin vs Ethereum asset profiles and insider trading probes.