Anthony Scaramucci, Founder and Managing Partner at SkyBridge Capital, dismisses the trend of crypto treasury companies as unsustainable and a short-lived trend.
Scaramucci questions the value of investors paying premiums for indirect exposure to crypto assets through these companies, suggesting direct investment might be more cost-effective.
Firms like BitMine and Metaplanet have adopted Strategy's Bitcoin model, bringing in notable figures like Thomas Lee and Eric Trump to enhance credibility.
While Strategy has outperformed most crypto ETFs, Scaramucci advises investors to scrutinize fees and structure before considering investment in these companies.