Anthony Scaramucci praises Strategy’s new Bitcoin investment as ‘smart stuff’
Summary
Anthony Scaramucci praised Strategy's recent acquisition of 10,624 Bitcoin, valued at about $963 million, calling it "really smart stuff" that strengthens the company's balance sheet and benefits the overall Bitcoin market. Strategy is now the leading corporate holder of Bitcoin with over 660,000 units. Scaramucci, a staunch Bitcoin advocate, believes this move, which involves selling equity to buy BTC, is accretive and smart. He forecasts significant Bitcoin price growth, potentially reaching $170,000 by mid-2026 and $500,000 within five to six years, driven by increasing institutional adoption and Bitcoin's fixed supply acting as a store of value.
(Source:Crypto Briefing)