Key Takeaways
- • Anthony Scaramucci, SkyBridge Capital founder, urged investors on June 28, 2026, to capitalize on current Bitcoin weakness and negative sentiment surrounding Michael Saylor's MicroStrategy, framing the downturn as a buying opportunity rather than a cause for concern.
- • Bitcoin has declined more than 18% over one month to $60,064.87, while MicroStrategy stock has plummeted 48% in the same period, falling from $543 in November 2024 to $82.31, with Saylor's net worth dropping from $7 billion to $3 billion according to Forbes.
- • Scaramucci expressed confidence in Saylor's ability to withstand deeper Bitcoin drawdowns and reiterated support for Saylor's long-term Bitcoin accumulation strategy, stating "I ride with Saylor" and emphasizing the risk of being "left behind" if investors fail to act during the current market weakness.
- • Scaramucci advised novice investors to conduct thorough research before investing in Bitcoin, commit to a minimum four- to five-year investment horizon, and avoid speculative trading, while predicting a Bitcoin rally in late Q4 2026 into early 2027 based on historical four-year market cycles.
- • The cryptocurrency market has grown increasingly skeptical of both Bitcoin and MicroStrategy as a Bitcoin proxy during this period, with diminished investor interest and sentiment reflecting broader market uncertainty as of late June 2026.
Summary
The cryptocurrency market has deteriorated substantially. Bitcoin has declined more than 18% in a one-month window to trade at $60,064.87 as of late June 2026, while MicroStrategy—widely viewed as a leveraged Bitcoin proxy—has suffered far steeper losses. The company's stock has fallen 48% in the same period, reaching $82.31 after peaking at $543 in November 2024. This collapse has dramatically impaired the wealth of Saylor, whose net worth has declined from over $7 billion to approximately $3 billion, with MicroStrategy's market capitalization contracting from $128 billion to $28 billion.
Scaramucci directly addressed the "Michael Saylor is going to get liquidated" narrative gaining traction among market participants, arguing that such concerns present an asymmetric opportunity. He emphasized that MicroStrategy and Saylor are positioned to withstand materially deeper Bitcoin drawdowns without facing forced liquidation, positioning the current weakness as temporary turbulence rather than a structural impairment. His statement that investors should consider "not being left behind" suggests he views current price levels as likely to appear highly attractive in retrospect.
Regarding investment approach, Scaramucci counseled new investors to avoid indiscriminate Bitcoin purchases without conviction in its fundamental attributes. Instead, he advocated a structured methodology: conduct thorough research, establish conviction before deploying capital, commit to a minimum four- to five-year investment horizon, and abstain from trading activity. He noted Bitcoin's historical consistency with four-year market cycles and projected a rally beginning in late 2026 extending into early 2027, providing a specific timeframe for his constructive thesis.
Scaramucci's public positioning represents a deliberate effort to counter prevailing negative sentiment and encourage accumulation during a period of diminished institutional and retail interest in the asset class.
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