Anthony Scaramucci, the founder of SkyBridge Capital, anticipates the Bitcoin trend being held in treasuries will diminish, according to a recent report.
In a recent statement, Anthony Scaramucci, founder of SkyBridge Capital, has expressed skepticism about the corporate Bitcoin treasury model as a long-term investment strategy. Scaramucci, known for his bullish stance on Bitcoin, believes the current momentum behind companies accumulating Bitcoin in their treasuries will fade away as investors seek more direct and cost-effective exposure to the cryptocurrency.
Scaramucci questions the necessity of giving a middleman company a premium to hold Bitcoin when investors could directly own Bitcoin themselves, avoiding the added costs associated with corporate wrappers. He distinguishes Michael Saylor’s company, Strategy, as somewhat different due to its multiple products beyond just holding Bitcoin. However, for many newer corporate BTC treasury models, Scaramucci advises investors to carefully consider the underlying fees and economics.
Over the past year, a trend of corporations has emerged, with companies like Anthony Pompliano’s ProCap BTC, Grant Cardone’s Cardone Capital, Gamestop, and Japanese hotel company MetaPlanet accumulating Bitcoin as a savings mechanism and a strategy to invest in the flagship cryptocurrency. This trend, according to Scaramucci, is a temporary or fading phenomenon.
Meanwhile, in the world of cryptocurrencies, there have been several significant developments. P2P.org has introduced native ETH staking to Ledger Live globally, allowing users to earn interest on their Ethereum holdings. The number-one DeFi Protocol on Aptos, Echo, has launched a Token Generation Event. Cooking.City has reintroduced value redistribution to Solana with its Fair Launches.
Nexo has become the first-ever digital asset and wealth partner of the DP World, launching the Nexo Golf Championship. The Open Platform has achieved a $1 Billion valuation, becoming the first Unicorn in the Web 3.0 Ecosystem in Telegram. Oasis Protocol Foundation has launched ROFL Mainnet, a verifiable off-chain compute framework powering AI applications.
The cryptocurrency market has shown fluctuations, with Bitcoin at $108,253.00, a 1.28% increase, Ethereum at $2,518.03, a 2.98% increase, and Solana at $654.90, a 1.23% increase as of July 1, 2025.
In other news, BitMEX founder Arthur Hayes has outlined catalysts for a Bitcoin bull market, predicting new all-time highs. JPMorgan plans to launch a USD-backed deposit token on Base as Coinbase’s layer-2 scaler rolls out support for Cardano and Litecoin.
However, not all news in the crypto sphere has been positive. A TD Bank employee has been accused of accepting bribes to open 140 fraudulent accounts for unknown individuals by the U.S. Department of Justice.
As the cryptocurrency market continues to evolve, investors are encouraged to stay informed and consider the underlying costs associated with each BTC treasury company, as advised by Scaramucci.
[1] Scaramucci questions the necessity of giving a middleman $10 to put $8 into Bitcoin when one could simply put $10 into Bitcoin themselves. [2] Michael Saylor's Strategy is one of the companies that has been employing the same tactics for years. [3] Scaramucci feels differently about Strategy due to its multiple products. [4] The trend of corporations accumulating Bitcoin is not a new one, with companies like Michael Saylor's Strategy employing similar tactics for years.
[1] Scaramucci advocates for investors to own Bitcoin directly, questioning the need for a middleman fee when investing in cryptocurrencies.
[2] In contrast to the corporate Bitcoin treasury models, Michael Saylor's Strategy has been using the same tactics for years but stands out due to its variety of products.
[3] Scaramucci advises investors to be cautious when considering the underlying fees associated with each Bitcoin treasury company, especially newer ones.
[4] The practice of corporations accumulating Bitcoin is not novel, as it has been a strategy employed by companies like Michael Saylor's Strategy for years.
