Scaramucci Calls Saylor’s Billion-Dollar Bitcoin Move ‘Genius’-And We Agree!

Ah, Anthony Scaramucci, the man who once had a very brief stint in politics, but now finds his true calling in the world of Bitcoin. He recently gave Michael Saylor a rare nod of approval, describing his latest move as “really smart stuff.” And we, the enlightened observers of the financial world, can’t help but agree with the man. But what exactly is this “really smart stuff” he speaks of? Let us dive into the murky waters of corporate finance, with a twist of sarcasm and a dash of humor, because, why not?

In a move that is as predictable as it is genius, Saylor and his merry band of Bitcoin enthusiasts at Strategy decided to go big or go home. The strategy? Buy more Bitcoin, of course! Build a nice cushion of dollars, raise a bit of equity, and then plunge it into the fiery pit of BTC. This, according to Scaramucci, is what makes them truly brilliant. It’s a slow and steady race to increase exposure to Bitcoin, while the rest of the market watches with envy.

So, what did they actually do? Well, Strategy confirmed the purchase of a jaw-dropping 10,624 BTC for a cool $962.7 million at an average price of $90,615. That brings their total holdings to a staggering 660,624 BTC, which, at today’s prices, is worth nearly $60 billion. Not too shabby, right? Especially when you consider that the average cost of their stash is a modest $74,702. The unrealized gain? Oh, just a neat 20%.

He’s the man. Builds a US dollar backstop and then gets back to selling equity to buy btc which further strengthens balance sheet. the equity sales are accretive (albeit barely) but v smart for his balance sheet and overall btc market. really smart stuff

– Anthony Scaramucci (@Scaramucci) December 8, 2025

According to Scaramucci, this delicate dance-dollar backstop, then equity sales, then more Bitcoin-creates a financial structure that keeps on working. Why? Because it increases BTC exposure while keeping the corporate base intact. And you thought your savings account was impressive. Well, it’s not. It’s actually quite sad in comparison.

Equity loop

Now, the equity bit is important. It’s what keeps the whole Bitcoin circus going. The share issuance from Strategy has become almost as regular as your morning coffee. And even though, as Scaramucci so delicately put it, the sales are “barely” accretive, they still manage to contribute to the balance sheet. It’s a game of slow and steady, and with each new round of equity sales, they increase the BTC-per-share metric. That’s something the equity markets are keeping a very close eye on, trust me.

Currently, the market values the whole operation at anywhere between $52 and $58 billion, with an enterprise value of about $67 billion. Meanwhile, their mNAV readings have climbed back to near parity. Things are looking pretty good in the world of corporate Bitcoin-at least for now.

Saylor’s approach, it seems, has not changed. He continues to treat Bitcoin as the main reserve asset, executing purchases when liquidity allows, and communicating them with the precision of a surgeon. Scaramucci’s endorsement is not just a pat on the back, it’s a signal to the world that the model is no longer an experiment. No, it’s a full-fledged corporate Bitcoin pipeline that’s proving it can scale.

Read More

2025-12-08 19:25