Digital asset treasury (DAT) firms see falling premiums, NYDIG warns. The gap between stock price and net asset values (NAV) of major Bitcoin buying firms is compressing. Strategy’s premium to NAV is narrowing. Crypto treasury firms are a Wall Street trend, share buyback programs needed to boost health. A bumpy ride ahead for crypto treasury firms as mergers and financing deals loom. Companies holding peak Bitcoin, buying slows. Strategy holding 76% of total Bitcoin holdings. Monthly Bitcoin purchases down, Strategy’s average purchase size fell in August. Bitcoin trading flat at around $111,200.

Read more at Cointelegraph: Crypto Treasuries in for “Bumpy Ride” as NAV Premiums Drop