Briefly
- Anthony Scaramucci of Skybridge Capital has criticized companies that have been issued debt to buy bitcoin for his corporate treasury, calling him a risky trend that could harm Bitcoin when it comes out of fashion.
- The Scaramucci attitude sets him in contrast to Microstrategy’s Michael Saylor, whose company used a convertible debt to build Bitcoin Treasury of $ 61.9 billion and inspired other companies to follow the lawsuit.
- While both men are bulls on Bitcoin, Scaramucci sees this as “digital gold” worth $ 24-25 with a $ 24-25 trillion compared to Saylor’s view of it as a “digital property” that is potentially worth $ 500 trillion.
Skybridge Capital may be investing in Bitcoin, but the founder of Anthony Scaramucci “is not a fan of” a company after a debt to issue a BTC debt for its corporate reserves.
Answering the question of about Bitcoin The cashier companies issued by BTC’s debt, Scaramucci stated that “he is not in love with that,” during the main interview at the Digiassets 2025 conference. “That seems like SPACS, it feels like things that happen in our industry you get an excess,” he said.
“I’m worried that there will be a crack, which will actually come back and hurt Bitcoin,” he added.
Compared the enthusiasm for becoming Bitcoin box office To switch sternal tastes in the fashion industry.
“The skirts go up, the skirts are coming down; the lapels are spread, they narrow,” he said. While issuing debt to buy bitcoin is “the hot thing you need to do right now,” Scaramucci added, “he will become out of fashion and will hurt Bitcoin.”
This attitude sets it in contrast with the chairman of the strategy Michael Saylor, whose company aggressively followed a book for the use of Cabriolet debt to acquire BTC, at the same time, using the momentum of its own shares prices during the bull market. At this point the strategy sits on the BTC’s cash register of approximately $ 61.9 billion, according to Bitcoin cash register.
Although companies that include Metaplanet, Mara and Riot Holdings adopted a strategy book, it was not without criticism.
In a recent research note, Swiss Digital Asset Bank Sygnum marked the risk “A very harmful signal on the market” if Bitcoin experienced an extended fall and the strategy was forced to liquidate part of its BTC stakes to cover the debt obligations.
And while analysts are in a letter to Kobeissi noticed Earlier this year, these structural protective measures are a forced scenario of liquidation for the “very unlikely” strategy strategy, marked the risk that “prolonged weakness could press his ability to fulfill his obligations.”
Scaramucci and Bitcoin
While he shares Saylor’s bull’s prospect of Bitcoin, Scaramucci takes a more cautious view of his probably price appreciation. “It’s a digital gold for me – so I think he’ll trade on a market cap of gold,” he said.
“If Michael Saylor was here, he would say,” No, it’s a digital property, it will be tied to the rest of the world’s estate, “Scaramucci added.” He thinks it is a property of $ 500 trillion. I think it’s a $ 24 or $ 25 trillion property. “
Edited Stacy Elliott.
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