Source: CryptoBriefing
Original Title: Anthony Scaramucci praises Strategy’s new Bitcoin investment as ‘smart stuff’
Original Link:
Key Takeaways
Anthony Scaramucci praised Strategy’s $963 million Bitcoin purchase as a smart move to strengthen its balance sheet.
Scaramucci forecasts significant Bitcoin price growth fueled by institutional adoption and market scarcity.
Anthony Scaramucci praised Strategy’s latest Bitcoin acquisition, calling the move “really smart stuff” that strengthens the company’s balance sheet and benefits the Bitcoin market.
Strategy disclosed on Monday it added 10,624 Bitcoin worth approximately $963 million. The company’s Bitcoin stash has exceeded 660,000 units, strengthening its position as the leading corporate holder of the digital asset.
“He’s the man. Builds a US dollar backstop and then gets back to selling equity to buy btc which further strengthens balance sheet,” Scaramucci wrote on social media. “The equity sales are accretive (albeit barely) but v smart for his balance sheet – and overall btc market. Really smart stuff.”
A Bitcoin advocate, Scaramucci believes Bitcoin could climb to $170,000 by mid-2026 and up to $500,000 within five to six years, driven by rising institutional adoption, Bitcoin’s fixed 21 million supply, and its emergence as a gold-like store of value.
Though often critical of Trump personally, the SkyBridge Capital founder credits the administration’s pro-crypto turn, including the Strategic Bitcoin Reserve, for Bitcoin’s surge past $100,000.
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ApeEscapeArtist
· 8h ago
Scaramucci is hyping up Bitcoin again, but this 963m move is really aggressive. Institutions are really starting to go all in.
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BlockchainBrokenPromise
· 12-08 21:52
ngl Scaramucci seems pretty clear-headed this time, dropping 963 million to buy BTC is really a big move, and the signals of institutions buying the dip are getting more and more obvious.
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NFTArtisanHQ
· 12-08 21:52
ngl scaramucci's just playing the narrative game here... the real paradigm shift isn't the price prediction, it's how corporate balance sheets become digital canvas for macro hedging. fascinating case study in late-stage capitalism's aesthetic pivot, no? 🤔
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AlgoAlchemist
· 12-08 21:50
Bro, this prediction made me laugh. Is $500k for real? But going all-in with $963m is really intense.
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DataChief
· 12-08 21:48
Is Scaramucci's prediction real, 5 million? I doubt it.
Anthony Scaramucci praises Strategy's new Bitcoin investment as 'smart stuff'
Source: CryptoBriefing Original Title: Anthony Scaramucci praises Strategy’s new Bitcoin investment as ‘smart stuff’ Original Link:
Key Takeaways
Anthony Scaramucci praised Strategy’s latest Bitcoin acquisition, calling the move “really smart stuff” that strengthens the company’s balance sheet and benefits the Bitcoin market.
Strategy disclosed on Monday it added 10,624 Bitcoin worth approximately $963 million. The company’s Bitcoin stash has exceeded 660,000 units, strengthening its position as the leading corporate holder of the digital asset.
A Bitcoin advocate, Scaramucci believes Bitcoin could climb to $170,000 by mid-2026 and up to $500,000 within five to six years, driven by rising institutional adoption, Bitcoin’s fixed 21 million supply, and its emergence as a gold-like store of value.
Though often critical of Trump personally, the SkyBridge Capital founder credits the administration’s pro-crypto turn, including the Strategic Bitcoin Reserve, for Bitcoin’s surge past $100,000.