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Chinese firm completes first buy in effort to stockpile 10% of BNB

SkyBridge Capital’s Anthony Scaramucci has doubts crypto treasuries have legs in the long run, arguing investors will start buying crypto instead of investing in companies that hold it.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Chinese firm completes first buy in effort to stockpile 10% of BNB

SkyBridge Capital’s Anthony Scaramucci has doubts crypto treasuries have legs in the long run, arguing investors will start buying crypto instead of investing in companies that hold it.

Why this matters

This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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