The Cryptographic Investment Firm Panther Capital revealed a series of bets concentrated on a growing class of companies that quote on a stock market that have large digital asset reserves on Thursday.
Among the Panther portfolio is twenty -one capital (CEP), a Treasury firm centered in Bitcoin led by Jack Mallers and backed by Tether, Softbank and Cantor Fitzgerald, according to a note of the General Cosmo Jiang partner. The company also revealed that it is an early sponsor of Develop Development Corp (DFDV), which applies the model to Solana
and Sharplink Gaming (SBET), the Ethereum treasury game backed by the Ethereum Software firm Consensys, according to the note.
This investment impulse indicates the broader belief of a panther that traditional financial structures are increasingly viable roads in digital assets, even as funds quoted in exchange (ETF) based on points and other regulated products expand. These companies, what Pantera calls Treasury Companies of Digital Assets, or DATs, seek to offer cryptographic exposure to investors in the capital market without requiring the direct property of Tokens, a work headed by Michael Saylor’s strategy (Mstr).
These actions unlock access to cryptographic for investors who still fell from administering wallets or trade in encryption exchanges, Jiang argued. Companies function as closed funds in public markets, potentially limiting the supply of underlying assets (Bitcoin, Solana or Ethereum) and that affect the dynamics of prices over time, he said.
The note argued that, under the correct conditions (market volatility, financial engineering and intelligent management, these companies can grow their Token metrics by faster action than tokens themselves appreciate, which potentially offers more rise than direct purchases of cryptography.
However, as the market is increasingly saturated with these offers, some analysts expressed concerns about the long -term advantage of these actions: MSTR, for example, had a lower performance, while Bitcoin increased to new records this month, observed 10x investigations.
Read more: bass bets on the strategy seem attractive, says 10x research while Mstr diversges Bitcoin’s Bull Run
