Crypto Stock Surge Fuels Recovery After Market Downturn

Digital asset treasuries (DATs) are driving a rebound in the cryptocurrency stock market after shaky start to December, as markets recover from recent losses. Ethereum DATs saw particularly strong gains on Tuesday, including Nasdaq-listed EthZilla (ETHZ), which surged over 12% during the day. The rise of Ethereum DATs is also being fueled by the strategy employed by BitMine, a major investor in Ether, which has purchased significant amounts of ETH this week.