Hedge fund veteran questions the long-term value of firms holding Bitcoin in recent Bloomberg interview.
He suggests the current surge in corporate Bitcoin holdings may not be sustainable, indicating the 'copycat' approach could lose momentum.
While several firms have entered the Bitcoin treasury space aiming to attract shareholders, Scaramucci believes investors may start questioning the logic behind investing in firms that hold BTC.
Although recognizing Michael Saylor's broader initiatives beyond just Bitcoin accumulation, Scaramucci advises investors to consider the economics of such corporate models.