Tom Lee Says $HYPE Could Go Parabolic if Digital Asset Treasuries Reach 50% of Supply

Tom Lee of Fundstrat explains how digital asset treasuries (DATs) could drive significant cryptocurrency price increases.
DATs trading below net asset value (NAV) can offer investors crypto exposure at a discount, while those trading above NAV can raise capital to purchase more digital assets, potentially reducing available market supply and pushing prices higher.
A Hyperliquid-focused DAT already holds 14% of $HYPE's supply and continues buying. Lee suggests the token could go parabolic if DAT ownership reaches 50% of the total supply.