Bankless The ETH Treasury Race Has Officially Begun | Sam Tabar, CEO of Bit Digital (2nd Largest)
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Jul 24, 2025 
Sam Tabar, CEO of Bit Digital and a key player in ETH treasury strategies, dives deep into the burgeoning competition for Ethereum dominance among public companies. He discusses why Bit Digital is betting big on Ether, equating their approach to Michael Saylor's Bitcoin strategies but tailored for ETH. The conversation includes insights on staking strategies, ETH yields, and the innovative dynamics reshaping institutional adoption of Ethereum. Tabar also addresses the risks and opportunities of the evolving crypto landscape.
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Meeting with Michael Saylor
- Sam Tabar once had a private meeting with Michael Saylor sharing Bitcoin mining is a tough business.
- Saylor advised him to focus on being a Bitcoin treasury, but rejected Ethereum treasury idea strongly.
Ethereum's Unique Financial Potential
- Ethereum's smart contracts enable rewriting the financial system unlike Bitcoin.
- Regulatory clarity and Ethereum's utility create massive growth potential.
Saylor’s Bitcoin Maximalism Explained
- Michael Saylor's Bitcoin maximalism is a marketing strategy to appeal to retail investors.
- Bitcoin solves fiat inflation but lacks utility compared to Ethereum.