Anthony Scaramucci publicly endorsed Michael Saylor’s high‑yield Bitcoin approach while also generating buzz with a tongue‑in‑cheek campaign clip that hinted at a 2028 presidential bid.
On the All Things Markets podcast, Scaramucci and Galaxy Digital CEO Mike Novogratz dissected MicroStrategy’s (NASDAQ: MSTR) perpetual securities. Scaramucci characterized the instruments as producing four quarterly dividend payments that, for believers in Bitcoin, amount to roughly an 11.5% annualized yield. He also disclosed that SkyBridge Capital holds significant Bitcoin exposure, though the firm does not own those specific perpetual securities, and expressed strong support for Saylor’s strategy.
Novogratz warned listeners that the deals are essentially a leveraged play on Saylor’s Bitcoin position. He said Saylor currently benefits from a large margin of safety thanks to his Bitcoin reserves, but a sharp drop in BTC would quickly erode that buffer. If Bitcoin were to fall to around $30,000, Novogratz argued, holders of the perpetuals would face real principal‑loss risk because those securities do not grant investors a guaranteed right to recoup principal and Saylor could suspend dividends, likely sending the papers into steep discounts.
A few hours after the podcast, Scaramucci posted an April 1 clip on X wearing a Mooch 2028 hat and announcing a 2028 presidential run. Although many outlets framed the post as an April Fools’ gag, the video also functioned like a trial balloon: Scaramucci referenced his brief, controversial White House tenure and said he believes he could help steer the country.
Separately, Scaramucci addressed federal crypto policy, noting the stalled CLARITY Act and the difficulty of mustering 60 Senate votes in today’s polarized climate. He suggested that high‑profile memecoin controversies have strained bipartisan momentum for clearer crypto legislation.
Despite caution about leverage risks, Scaramucci remains long‑term bullish on Bitcoin. He has urged investors to be patient rather than worry about being early, floated ambitious multi‑year price scenarios, and framed his core thesis around Bitcoin’s resilience even amid U.S. political dysfunction.