Samara Asset Group CEO: Bitcoin Treasury Companies a “Disservice to Shareholders”

▶ Bitcoin Magazine Samara Asset Group CEO: Bitcoin Treasury Companies a “Disservice to Shareholders” A CEO whose company holds Bitcoin as its primary treasury reserve says he hates the term “Bitcoin treasury company,” and that the market is rejecting every pure treasury play except Strategy. Patrick Lowry of Samara Asset Group joins Grace Remington and Sean Hagan to explain why “digital gold” was “stupid marketing” that turned Bitcoin into an investment instead of money, and why that framing is exactly why Bitcoin dips every time the Fed talks about hiking. He lays out how Samara uses Bitcoin as working capital instead, parking venture fund commitments in it and liquidating on capital calls regardless of price.

First reported by Bitcoin Magazine. This page is a short excerpt; the full text is theirs.