At the DigiAssets 2025 conference, Skybridge Capital founder Anthony Scaramucci expressed his concerns regarding companies purchasing Bitcoin through debt financing.
Risky Financial Strategies
Anthony Scaramucci criticized companies that have started using debt instruments to acquire Bitcoin (BTC) for their treasuries. He characterized this strategy as risky and warned that it could harm both the companies and the cryptocurrency itself.
Divergent Views on Bitcoin
Scaramucci also noted that he and Michael Saylor, CEO of MicroStrategy, have different perspectives on the nature of Bitcoin. He views it as digital gold, while Saylor sees it as digital property. Scaramucci suggested that BTC will trade in the long term based on the market value of gold.
Market Analysis
Analysts at The Kobeissi Letter highlighted that despite MicroStrategy's aggressive acquisitions, a forced liquidation scenario is unlikely, although there is a minor risk of such an outcome. Scaramucci expressed his belief that debt financing for purchasing BTC will eventually become an outdated practice and negatively impact Bitcoin.
Anthony Scaramucci's statements underscore the importance of a cautious approach to Bitcoin investments and the need for companies to consider a balanced strategy when contemplating cryptocurrency purchases.
