Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, lauded on Monday Michael Saylor’s approach to bolstering Strategy Inc.’s (NASDAQ:MSTR) balance sheet through “smart” Bitcoin (CRYPTO: BTC) purchases and equity sales.
Saylor Is Doing Smart Stuff, Says Scaramucci
In an X post, Scaramucci expressed admiration for Saylor’s strategy, calling him “the man.” He commended Saylor’s move to build the $1.44 billion U.S. dollar reserve and then return to selling equity to purchase more Bitcoin.
“The equity sales are accretive [albeit barely] but [very] smart for his balance sheet — and overall BTC market. Really smart stuff,” said Scaramucci, a well-known Bitcoin advocate himself.
Full story available on Benzinga.com