SkyBridge Capital founder criticizes the company's bond issuance to invest in BTC: It will eventually become outdated and harm BTC

Blockbeats
06-18

BlockBeats News reported on June 18 that SkyBridge Capital founder Anthony Scaramucci expressed his disapproval of companies following the Strategy approach of issuing bonds to purchase BTC as a corporate reserve during an interview.

During a keynote interview at the DigiAssets 2025 conference, Scaramucci responded to questions about Bitcoin treasury companies issuing bonds to buy BTC by stating that he "doesn't like the approach." "It feels like SPACs, like something that often happens in our industry where you get overly fixated on it," he said. "I'm concerned that cracks might start to appear in it, and it could ultimately harm Bitcoin."

He likened the enthusiasm for Bitcoin treasury firms to shifts in fashion trends. "Hems go up, hems go down; lapels get wider, lapels get narrower. While issuing bonds to buy Bitcoin is trendy right now, it will eventually go out of style, and that could harm Bitcoin."

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