Anthony Scaramucci, CEO of SkyBridge Capital, recently shared details about an informal meeting with Michael Saylor, co-founder of MicroStrategy.
Scaramucci also hinted at his forthcoming book on Bitcoin, which Saylor has contributed to.
Saylor has become a prominent advocate for Bitcoin, with MicroStrategy accumulating approximately $8.3 billion in BTC since August 2020. Initially using their cash reserves for purchases, they later raised additional funds through convertible notes to further invest in Bitcoin. This strategy positioned MicroStrategy as a de facto Bitcoin ETF before the SEC approved spot Bitcoin ETFs in January.
Scaramucci praised Saylor as a “living legend” and thanked him for writing the foreword for his new book, “The Little Book of Bitcoin,” though he revealed little about the content except for a teaser that suggests it covers insights Wall Street has already discovered.
In response to Scaramucci’s tweet, Dan Tapiero, another notable Bitcoin investor, congratulated him. Saylor recently mentioned on CNBC’s Squawk Box that MicroStrategy’s Bitcoin strategy has led to significant outperformance in share price compared to other S&P 500 companies. He also forecasted Bitcoin could reach $13 million in value over the next 21 years.
Swan, a Bitcoin-focused financial firm, has issued a striking market update suggesting that the current BTC cycle isn’t just another repeat of the past—it might be the last of its kind.
In a bold move to reshape the future of ApeCoin, Yuga Labs has introduced a proposal that would dissolve the existing ApeCoin DAO and replace it with a streamlined management body called ApeCo.
Ross Ulbricht, founder of the infamous Silk Road marketplace, is back in the headlines after receiving a mysterious transfer of 300 BTC—valued at roughly $31 million.
Bitcoin could be heading for a notable dip if it fails to stay above a key price zone, according to market watcher DonAlt.