BlockBeats reported that on August 13, Pantera Capital disclosed it has invested over $300 million in digital asset treasury (DAT) companies. These companies hold large amounts of crypto assets and enhance per-token holdings through yield strategies. BitMine Immersion, as a key holding of Pantera, became the third largest DAT company globally after launching its Ethereum treasury strategy, holding 1.15 million ETH with a market value of approximately $4.9 billion.
Pantera pointed out that BitMine's first month saw an approximately 330% increase in ETH per share, mainly from ultra-high net worth issuance and staking rewards. (The Block)
