Strive CEO Discusses the Future of DATs as Stocks Slide

The news article discusses the recent decline in digital asset treasury (DAT) stocks, which were a hot investment trend in 2025. Strive CEO Matt Cole joins the "Bloomberg Crypto" program to provide insights on the topic. The article highlights that DATs, which involve companies holding cryptocurrencies as part of their corporate treasury, saw a rapid growth in 2025, attracting investments from prominent figures like Peter Thiel and the Trump family. However, the article notes that these stocks have now turned into "one of the worst" trades in the stock market, with prices sliding in recent months. Cole, the Strive CEO, is interviewed to discuss the recent decline in DAT stocks, the factors behind their rapid growth in 2025, and the controversy surrounding MSCI, a major index provider. The article provides a concise overview of the topic, focusing on the key points without going into unnecessary details.