币界网报道：Anthony Pompliano, co-founder of Morgan Creek Digital, argues that companies emulating MicroStrategy's Bitcoin acquisition strategy may have raised significant capital but are not yet positioned to buy BTC. In a recent interview, Pompliano noted that while firms like MicroStrategy successfully raised debt or equity to purchase Bitcoin, many newer entrants lack the operational history or creditworthiness to execute similar moves. He highlighted that MicroStrategy's established business and public market presence enabled its aggressive BTC accumulation, whereas startups often face regulatory and financial hurdles. Pompliano also discussed his firm's ProCap investment vehicle, which offers accredited investors exposure to Bitcoin without direct ownership, contrasting it with traditional corporate BTC strategies. He emphasized that while institutional interest in Bitcoin remains strong, not all companies can replicate MicroStrategy's playbook due to varying market conditions and corporate structures.