Anthony Scaramucci, the founder of Skybridge Capital, emphasizes that the optimal time to purchase Bitcoin is “still very, very early.” Drawing a parallel, he compares the cryptocurrency to Warren Buffett’s company, labeling it as the “Berkshire Hathaway of the 21st century.” Scaramucci expresses his perspective, stating, “It was never ‘too late’ to buy Berkshire stock. It is still very, very early for bitcoin.”
“Bitcoin stands as the Berkshire Hathaway of the 21st Century.”
Skybridge Capital’s founder, Anthony Scaramucci, reiterates his optimistic outlook on bitcoin, emphasizing that the current price level remains an opportune moment for investment.
“Bitcoin is the Berkshire Hathaway of the 21st century—a compounding, wealth-generating machine for investors,” he asserted recently. Scaramucci has been advocating for bitcoin since 2020, when Skybridge first entered the bitcoin market, considering it an emerging and promising asset class.
Despite bitcoin’s resurgence above $50,000, Scaramucci dismisses concerns of missed opportunities for investors, stating unequivocally that it’s not too late to invest in BTC. Anticipating a substantial market rally, he expressed confidence in the ongoing appeal of bitcoin.
Predicting an influx of capital from Wall Street into bitcoin exchange-traded funds (ETFs), Scaramucci expects an acceleration in flows to bitcoin. As of the latest update, BTC is trading at $68,293.
While Scaramucci initially forecasted a potential bitcoin value exceeding $170,000 by 2025 if it reached $45,000 before the next halving event, the recent surge in BTC’s value has surpassed his earlier prediction. Undeterred, he envisions bitcoin evolving into a multi-trillion-dollar asset class, reiterating his remarkably bullish outlook for the next 10 to 20 years.