According to @adriannewman21, experienced operators run a DAT and are willing to stake their reputations because, while public buyers of common shares lose money, they profit from structures tied to underlying options and warrants. According to @adriannewman21, this setup can create a derivatives-driven overhang that disadvantages secondary-market share purchases during DAT-related trading. According to the source, no specific ticker or crypto asset is cited, and the takeaway for traders is to scrutinize the options and warrant terms and potential dilution before buying common shares around DAT events.