@enchantedhopes
The DAT concept can be traced back to Michael Saylor's decision five years ago. At the time, he transformed his publicly listed software company MicroStrategy (now renamed Strategy) into a Bitcoin accumulator. After Bitcoin's significant price increase, especially by the end of last year, Strategy's shareholder value grew exponentially. The company's Bitcoin-centric strategy transformation suddenly seemed incredibly wise, and Strategy's success inspired imitation in the crypto realm.