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Bitcoin Treasury Firms Are This Cycle’s Bubble, Experts Warn

A growing chorus of Bitcoin commentators is raising the alarm over the recent boom in publicly traded companies adopting Bitcoin-centric treasury strategies. The debate ignited this week after pseudonymous investor Stack Hodler (@stackhodler) described the trend as a speculative mania disguised in corporate form, writing on X that “Bitcoin treasury companies are this cycle’s shitcoins.”…

Bitcoin’s Quiet Coup: Wealth Funds Build Up Holdings

Sovereign wealth funds have begun to dabble in Bitcoin, but massive bets remain on hold. State‑owned funds won’t go big, SkyBridge founder Anthony Scaramucci has said, until the United States sets out with certainty how digital assets will be part of its financial system. He spoke on Anthony Pompliano’s podcast on May 8, and it is only…