斯卡拉穆奇駁斥了對 Saylor 和 MicroStrategy 的擔憂，並表示對比特幣 (BTC) 崩盤的擔憂被誇大了

SkyBridge Capital 創辦人 Anthony Scaramucci 駁回了圍繞 Michael Saylor 和 MicroStrategy Inc. 的擔憂。

Anthony Scaramucci has played down concerns about Michael Saylor and MicroStrategy Inc (NASDAQ:MSTR), saying that fears of a potential collapse due to Bitcoin’s BTC/USD volatility are overblown.

Anthony Scaramucci 淡化了對 Michael Saylor 和 MicroStrategy Inc （納斯達克股票代碼：MSTR）的擔憂，稱對比特幣/美元波動性導致的潛在崩潰的擔憂被誇大了。

In an interview on Friday, Scaramucci highlighted Saylor’s long-term debt strategy as an indication of MicroStrategy’s resilience.

在周五的採訪中，Scaramucci 強調 Saylor 的長期債務策略表明了 MicroStrategy 的韌性。

"People think if Bitcoin crashes, he is going to implode," Bloomberg quoted Scaramucci as saying during the interview. "But if you really study his balance sheet, he has long, long-term debt, and he has rolling long-term debt. You'd have to have a systemic collapse in Bitcoin lasting six or seven years to flash him out."

彭博社引述斯卡拉穆奇在採訪中的話說：“人們認為，如果比特幣崩盤，他就會崩潰。” 「但如果你真正研究他的資產負債表，你會發現他有長期債務，而且有滾動的長期債務。你必須經歷比特幣持續六到七年的系統性崩潰才能讓他破產。”

MicroStrategy’s aggressive bet on Bitcoin has fueled a 400% surge in its stock this year, with the company financing purchases with billions in convertible debt.

MicroStrategy 對比特幣的大舉押注推動其股價今年飆升 400%，該公司以數十億可轉換債務融資購買。

The company currently has $7.2 billion in outstanding convertible debt, including $6 billion raised in 2024 alone. Some have expressed concerns that Bitcoin's price drops could prompt MicroStrategy to sell its holdings, further depressing prices, but Scaramucci dismissed this narrative.

該公司目前擁有 72 億美元的未償還可轉換債務，其中僅 2024 年就籌集了 60 億美元。有些人擔心比特幣價格下跌可能會促使 MicroStrategy 出售其持有的資產，從而進一步壓低價格，但斯卡拉穆奇否認了這種說法。

"The narrative of him being forced to sell hundreds of thousands of tokens into the market, I think it's a forced narrative," he said, comparing MicroStrategy's structure to that of Lehman Brothers during the 2008 financial crisis.

他將 MicroStrategy 的結構與 2008 年金融危機期間雷曼兄弟的結構進行了比較。

MicroStrategy is a top holding of the First Trust SkyBridge Crypto Industry and Digital Economy ETF, which is sub-advised by SkyBridge Capital. Scaramucci praised Saylor's innovative approach, saying, "He's created this positive flywheel by issuing debt and equity."

MicroStrategy 是 First Trust SkyBridge 加密產業和數位經濟 ETF 的頂級持股，該 ETF 由 SkyBridge Capital 提供次級顧問服務。斯卡拉穆奇讚揚了塞勒的創新方法，他說：“他通過發行債務和股票創造了這個積極的飛輪。”

Bitcoin has recently retreated from an all-time high of $108,000, pulling back amid profit-taking and market volatility. Scaramucci anticipates potential corrections in the 30-40% range, which could bring Bitcoin's price to $60,000-$70,000.

比特幣最近從 108,000 美元的歷史高點回落，在獲利了結和市場波動的情況下回落。 Scaramucci 預計可能會出現 30-40% 的調整，這可能會使比特幣的價格達到 60,000-70,000 美元。

Despite this, he remains bullish on Bitcoin's long-term trajectory, pointing to favorable regulatory developments and U.S. exchange-traded funds investing directly in the cryptocurrency.

儘管如此，他仍然看好比特幣的長期發展軌跡，指出有利的監管發展以及美國交易所交易基金直接投資於加密貨幣。

"Could it get to $18 trillion dollars in market cap?" Scaramucci speculated. "We believe that it could. Is it a direct line to $18 trillion? No."

“它的市值能達到 18 兆美元嗎？”斯卡拉穆奇猜測道。 “我們相信它可以。這是否會直接達到 18 兆美元？不會。”