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SkyBridge 創始人:上市公司模仿 Strategy 囤積 BTC 只是短期現象,熱潮預計將在未來數月內消退

ChainCatcher 消息,据彭博社報導,SkyBridge Capital 創始人安東尼·斯卡拉穆奇(Anthony Scaramucci)近日表示,上市公司將比特幣納入資產負債表的趨勢只是短暫現象,並預測這一策略將在未來數月失去動力。"當前企業只是在盲目模仿(MicroStrategy 的)囤幣策略,這種熱潮終將消退。"Scaramucci 表示,投資者終將質疑:為何要為持有比特幣的企業支付溢價,而不直接自行購買?這一趨勢始於 2021 年,軟體公司 MicroStrategy(MSTR)在 CEO 邁克爾·賽勒(Michael Saylor)帶領下率先大舉購入比特幣,其股價隨後暴漲近 3000%,吸引包括醫療設備商 Semler Scientific(SMLR)、日本上市公司 Metaplanet(3350)等企業效仿。熱潮不僅限於知名企業,許多小盤股公司也通過增持比特幣或其他加密貨幣(如以太坊、XRP)來吸引資本關注。但 Scaramucci 強調,賽勒的成功具有特殊性------MicroStrategy 除比特幣外還擁有多元業務線,"其他跟風企業需要承擔額外的管理成本和估值溢價"。儘管對比特幣長期看漲,Scaramucci 提醒投資者需審視"比特幣概念股"的隱性成本。隨著美國 SEC 批准現貨 ETF,機構投資者如今可直接配置比特幣,削弱了企業囤幣的稀缺性邏輯。數據顯示,2024 年二季度企業比特幣持倉增速已較去年同期下降 37%。
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