Skybridge Capital，Crypto財政部和Scaramucci：紐約一分鐘關於褪色趨勢的一分鐘

Skybridge Capital的Scaramucci對加密貨幣趨勢產生了懷疑，而其他人則首先潛入。是天才還是膽小的？讓我們分解。

The crypto world is never short on drama, and the intersection of SkyBridge Capital, crypto treasuries, and Anthony Scaramucci is no exception. Scaramucci himself has voiced concerns about companies diving headfirst into crypto treasuries, questioning the long-term viability of this trend. But is he right? Let's unpack the situation.

加密世界從來都不是戲劇性的，而Skybridge Capital，Crypto國庫和Anthony Scaramucci的交集也不例外。 Scaramucci本人對公司首先進入加密貨幣的公司表示擔憂，從而質疑這一趨勢的長期可行性。但是他對嗎？讓我們解開情況。

Scaramucci's Skepticism: A Contrarian View

Scaramucci的懷疑：一種逆勢觀點

Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, recently suggested that the trend of public companies adopting crypto treasury models is likely to decline. His argument is pretty straightforward: why pay a premium for a company to hold crypto when investors can simply buy the assets themselves? It's a valid point. He specifically highlights MicroStrategy (Saylor's company) as a different case due to their diverse product offerings.

Skybridge Capital的創始人兼執行合夥人Anthony Scaramucci最近建議，採用加密貨幣模型的上市公司的趨勢可能會下降。他的論點非常簡單：為什麼當投資者可以自己購買資產時，為什麼要為公司持有加密貨幣的費用呢？這是一個有效的觀點。他特別強調了MicroStrategy（Saylor的公司），因為它們的產品多樣化。

He notes, "Right now we’re having this replicative treasury company idea...So, you know, it will fade."

他指出：“現在，我們正在擁有這個複制性的財政公司的想法……所以，您知道，它會消失。”

The Crypto Treasury Craze: A Flash in the Pan?

加密貨幣熱潮：鍋中的閃光燈？

The idea of using Bitcoin as a corporate treasury asset gained traction back in 2021, with companies like MicroStrategy leading the charge. The lure was simple: massive gains. This prompted other companies, big and small, to jump on the bandwagon, adding Bitcoin or other cryptocurrencies to their balance sheets in an attempt to attract investor interest. Some even ventured into Ether.

使用比特幣作為公司財政部資產的想法在2021年就引起了人們的關注，像MicroStrategy這樣的公司領導了這一收費。誘餌很簡單：大幅增長。這促使其他大小的公司跳上了潮流，在其資產負債表中增加了比特幣或其他加密貨幣，以吸引投資者的興趣。有些甚至冒險進入以太。

Hyperion DeFi: A Bold Move or Reckless Detour?

Hyperion Defi：大膽的舉動還是魯ck繞道？

Then you have companies like Hyperion DeFi (formerly Eyenovia), which made a complete 180, abandoning its ophthalmic technology to become a cryptocurrency treasury vehicle. This move raises eyebrows. They're staking billions in HYPE tokens, aiming to become the largest holder and attract institutional capital. Is it a visionary leap or a reckless detour? The jury's still out.

然後，您將擁有像Hyperion Defi（以前是Eyenovia）這樣的公司，該公司的完整為180，放棄了其眼科技術，成為加密貨幣庫。此舉引起了人們的注意。他們的炒作代幣數十億美元，旨在成為最大的持有人並吸引機構資本。這是有遠見的飛躍還是魯ck的繞道？陪審團仍在外面。

The Opportunity

機會

Hyperion's strategy does offer some potential advantages. As a Nasdaq-listed entity, it provides a bridge between crypto and traditional markets. Plus, staking HYPE tokens could generate substantial returns. However...

Hyperion的策略確實提供了一些潛在的優勢。作為納斯達克上市的實體，它提供了加密貨幣和傳統市場之間的橋樑。另外，放置炒作令牌可能會產生可觀的回報。然而...

The Risks

風險

Cryptocurrency volatility, regulatory uncertainty, and a lack of deep blockchain expertise among Hyperion's leadership are significant risks. A crypto winter could decimate their treasury, and SEC scrutiny could derail the entire venture. It's a volatile tightrope walk, to say the least.

加密貨幣波動，監管不確定性以及Hyperion領導層缺乏深層區塊鏈專業知識是重大風險。加密冬季可能會破壞他們的財政部，而SEC的審查可能會使整個企業脫軌。至少可以說，這是一個動蕩的繩索步行路。

The Bottom Line: Proceed with Caution

底線：謹慎

So, what's the takeaway? Scaramucci's skepticism serves as a valuable reminder to look under the hood of these crypto treasury companies. Are they offering something more than just indirect exposure to crypto? Or are they simply adding an unnecessary layer of complexity and cost?

那麼，收穫是什麼？ Scaramucci的懷疑是在這些加密貨幣公司的引擎蓋下的寶貴提醒。他們是否提供更多的東西不僅僅是間接接觸加密貨幣？還是他們只是添加了不必要的複雜性和成本？

Hyperion's gamble highlights the high-stakes nature of this game. While the potential rewards are enticing, the risks are equally substantial. Investors need to tread carefully, weighing the potential for gains against the very real possibility of losses.

Hyperion的賭博突出了這場比賽的高風險性質。儘管潛在的獎勵是誘人的，但風險同樣是實質性的。投資者需要仔細踩踏，權衡收益的潛力與損失的實際可能性。

Final Thoughts

最後的想法

The world of crypto treasuries is a wild ride, full of bold moves and cautionary tales. Whether it's a fading trend or the future of corporate finance remains to be seen. But one thing's for sure: it's never a dull moment in the Big Apple of crypto.

加密紀念世界是一個狂野的旅程，充滿了大膽的動作和警告性的故事。無論是衰落的趨勢還是公司財務的未來，還有待觀察。但是可以肯定的是：在大蘋果的加密蘋果中，這絕不是沉悶的時刻。