Anthony Scaramucci has commended Strategy’s recent acquisition of Bitcoin, describing it as an exceptionally wise decision that not only bolsters the company’s financial standing but also positively impacts the broader Bitcoin ecosystem.
On Monday, Strategy revealed it had purchased 10,624 Bitcoins valued at nearly $963 million. This addition pushes their total holdings beyond 660,000 Bitcoins, solidifying their status as the top corporate custodian of this digital currency.
“He's the man. He establishes a US dollar safety net and then proceeds to sell equity to acquire more BTC, which further fortifies his balance sheet,” Scaramucci commented on X. “Although these equity sales yield minimal gains, they are incredibly strategic for both his financial position and the overall Bitcoin market. Truly smart moves.”
A staunch supporter of Bitcoin, Scaramucci predicts that its price could soar to $170,000 by mid-2026 and potentially reach $500,000 within five to six years. This anticipated growth is fueled by increasing institutional interest, Bitcoin’s capped supply of 21 million coins, and its rising role as a store of value akin to gold.
Despite frequently expressing personal criticism towards Trump, the founder of SkyBridge Capital acknowledges that the administration's favorable stance on cryptocurrency—highlighted by initiatives like the Strategic Bitcoin Reserve—has played a significant role in propelling Bitcoin beyond the $100K mark.