Michael Saylor Not In Trouble, Scaramucci Says

During an interview with CNBC, Scaramucci stated that Saylor is “definitely not in trouble,” pointing to a “very deep capital pool” at his disposal.

“You have to really understand the mechanisms of the balance sheet to understand that Bitcoin can go a lot lower, and he’s virtually not in trouble,” the money manager said.

Scaramucci said that the MSTR stock still trades at a premium to its underlying Bitcoin reserves, which gives people the “necessary arbitrage” to get comfortable with.

“I like him. I think he’s going to be right,” Scaramucci added.

Saylor has defended the company’s model, claiming in November that as…

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