斯卡拉穆奇驳斥了对 Saylor 和 MicroStrategy 的担忧，称对比特币 (BTC) 崩盘的担忧被夸大了

SkyBridge Capital 创始人 Anthony Scaramucci 驳回了围绕 Michael Saylor 和 MicroStrategy Inc. 的担忧。

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 淡化了对 Michael Saylor 和 MicroStrategy Inc （纳斯达克股票代码：MSTR）的担忧，称对比特币/美元波动性导致的潜在崩溃的担忧被夸大了。

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

在周五的采访中，Scaramucci 强调 Saylor 的长期债务策略表明了 MicroStrategy 的韧性。

"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."

彭博社援引斯卡拉穆奇在采访中的话说：“人们认为，如果比特币崩盘，他就会崩溃。” “但如果你真正研究他的资产负债表，你会发现他有长期债务，而且有滚动的长期债务。你必须经历比特币持续六到七年的系统性崩溃才能让他破产。”

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 对比特币的大举押注推动其股价今年飙升 400%，该公司通过数十亿可转换债务融资购买。

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.

该公司目前拥有 72 亿美元的未偿还可转换债务，其中仅 2024 年就筹集了 60 亿美元。一些人担心比特币价格下跌可能会促使 MicroStrategy 出售其持有的资产，从而进一步压低价格，但斯卡拉穆奇否认了这种说法。

"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.

他将 MicroStrategy 的结构与 2008 年金融危机期间雷曼兄弟的结构进行了比较。

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 加密行业和数字经济 ETF 的顶级持股，该 ETF 由 SkyBridge Capital 提供次级顾问服务。斯卡拉穆奇赞扬了塞勒的创新方法，他说：“他通过发行债务和股票创造了这个积极的飞轮。”

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.

比特币最近从 108,000 美元的历史高点回落，在获利了结和市场波动的情况下回落。 Scaramucci 预计可能会出现 30-40% 的调整，这可能会使比特币的价格达到 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.

尽管如此，他仍然看好比特币的长期发展轨迹，指出有利的监管发展以及美国交易所交易基金直接投资于加密货币。

"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."

“它的市值能达到 18 万亿美元吗？”斯卡拉穆奇猜测道。 “我们相信它可以。它会直接达到 18 万亿美元吗？不会。”