Scaramucci "Companies buying Bitcoin by borrowing will ultimately be harmful to BTC"
CEO Michael Saylor of Strategy leading global companies' 'debt investment' (Source: The Block)
Founder of Skybridge Capital, Anthony Scaramucci, recently expressed concern over companies' 'debt investment' in Bitcoin acquisition methods. In an interview with Decrypt, he pointed out, "The strategy of companies issuing bonds to purchase Bitcoin is spreading like a trend these days, but this trend could eventually have a negative impact on BTC itself."
Scaramucci disclosed that he "personally does not prefer" this method, known as the 'Strategy-style strategy,' and warned that although there is an effect of capital inflow into the market in the short term, in the long term, sales pressure or debt repayment burdens may threaten Bitcoin's price stability.
Amidst several listed companies, including Strategy, recently buying large amounts of Bitcoin through bond issuance, Scaramucci's remarks raise new awareness about Bitcoin investment methods.