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SkyBridge CEO Scaramucci: Borrowing Bitcoin is dangerous, will cause harm

Anthony Scaramucci, founder of alternative asset management company SkyBridge Capital, claimed that the policy of borrowing Bitcoin is becoming dangerous and that when the "craze" ends in the future, Bitcoin will suffer the most damage. Scaramucci also stated that he disagrees with Michael Saylor on the "digital real estate" issue.
Anthony Scaramucci, founder and CEO of SkyBridge, known for his investments in digital assets and crypto, stated that he finds it dangerous for companies to start buying Strategy-style Bitcoin. The famous investor, who stated that this is “a craze, a fashion,” stated that his belief in Bitcoin has not changed.

“Bitcoin will suffer…”

Speaking at the DigiAssets 2025 conference, Scaramucci said that this approach resembles the “SPAC craze” (*Company merger craze) of the past and said, “These kinds of extreme moves happen all the time in our industry. They usually don’t end well. I think this is a fashion, a fashion. Bitcoin will suffer in the end.”

“If Michael Saylor were here, I would tell him too”

Scaramucci, who said that he did not agree with Michael Saylor's "Digital Real Estate" comment for Bitcoin, said, "Bitcoin is digital gold to me... So I think Bitcoin will reach the market value of gold. If Michael were here, I would tell him. He is talking about a value of $500 trillion. I think it will become an asset worth $24-25 trillion." As is known, many companies from GameStop to Trump Media, from Semler Scientific to Metaplanet have recently adopted a Bitcoin acquisition strategy. Saylor's company Strategy took this step for the first time in August 2020.

⚠️ Note: My posts are not investment advice. There may be errors due to translation. Please do your own review. You can also write your thoughts in the comments section.
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