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SPACs and Cryptocurrencies: A Troubling Turducken
ByAinvest
Monday, Nov 24, 2025 12:24 pm ET1min read
The article discusses the latest fad in SPAC land, where some blank-check firms are merging with digital asset treasuries (DATs) to invest in cryptocurrencies. However, with the novelty of these deals wearing off and crypto in a bear market, researchers warn that everyday investors may lose money. The article also touches on M&A news, including BHP walking away from a takeover approach for Anglo American and the Daily Mail acquiring the Telegraph Media Group.
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