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Founder of Skybridge Capital: The company's trend-following imitation of the Strategy strategy may harm Bitcoin.
Gate News bot news, SkyBridge Capital may be investing in Bitcoin, but the company’s founder Anthony Scaramucci does not “like” those companies that follow the Strategy of issuing bonds to purchase Bitcoin as company reserves.
In a keynote interview at DigiAssets 2025, Scaramucci said he “doesn’t like it” when answering a question about Bitcoin asset managers issuing bonds to buy Bitcoin. “It feels like a SPAC, like some of the over-investing phenomena in our industry,” he said.
“I worry that this situation will create cracks and ultimately harm Bitcoin,” he added, comparing the enthusiasm for Bitcoin financial companies to shifts in fashion trends: “Some skirts are upturned, some hang down; some collars are widened, others narrowed.” While the issuance of bonds to purchase Bitcoin is “currently very popular,” “it will become outdated and harm Bitcoin.”
Source: Decrypt