The total market value of the cryptocurrency reserve company reaches 340 billion USD, with the altcoin DAT leading the performance

According to ChainCatcher, data from The Block shows that the cumulative market value of digital asset reserve companies (DATs) has increased by 10% since mid-August, currently reaching about $340 billion, but still far below the approximately $490 billion when Bitcoin hit its historical high of about $126,000 in October to November last year. These companies buy and hold cryptocurrencies, raising funds at a premium and using this as leverage to increase their token holdings, with investors betting on their ability to amplify the returns of the underlying assets.