Scaramucci believes company adoption of bitcoin treasury is temporary, trend may fade

Anthony Scaramucci believes the trend of companies adopting bitcoin treasury strategies is temporary. He predicts the approach will lose momentum in the coming months as investors question the value of paying extra for a company to hold an asset they could easily buy themselves. The trend gained traction in 2021 when companies like Strategy and Semler Scientific began using bitcoin as a corporate treasury asset. Some companies have expanded their strategy to include other digital assets like ether and XRP. Scaramucci acknowledges Michael Saylor’s success with bitcoin but highlights the importance of considering underlying costs when investing in these treasury companies.

Read more at Yahoo Finance: Scaramucci Says Bitcoin Treasury Trend Will Fade Despite Saylor’s Success