How does a stalking horse bid impact the valuation of a digital asset in the cryptocurrency market?

1 answers

• Nov 24, 2021 · 3 years ago
  In the case of BYDFi, a stalking horse bid could potentially impact the valuation of a digital asset on their platform. If BYDFi were to make a stalking horse bid on a particular asset, it could attract other buyers and create a competitive bidding environment. This could potentially drive up the price of the asset and increase its valuation. However, it's important to note that the impact of a stalking horse bid on valuation will ultimately depend on various factors, including market conditions, the quality of the asset, and the level of interest from other buyers.
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