Reported 1 day ago
Anthony Scaramucci, founder of SkyBridge Capital, forecasts that the current trend of public companies adopting Bitcoin treasury strategies, inspired by figures like Michael Saylor, may soon subside. In an interview, he argued that investors will likely question the value of paying a premium for shares in such companies when they can invest directly in crypto assets. While companies continue to explore crypto treasuries, Scaramucci emphasizes the importance of scrutinizing the associated costs and potential inefficiencies.
Source: YAHOO