Exchanges· ★★· neutral·

Samara CEO: Bitcoin Treasury Companies Are a 'Disservice to Shareholders'

  • —Lowry called 'digital gold' flawed marketing that turned Bitcoin into an investment
  • —Samara holds BTC as working capital and sells it to meet fund capital calls
  • —He says the market accepts only Strategy among pure treasury companies
Why it matters: The debate over treasury-company models matters for assessing the durability of BTC-holding firms and their shares.
Source: Bitcoin Magazine