It seems that we are actually living in the beginning of the institutional appetite for Bitcoin and reconsidering it as an investment asset.
Mr. Anthony Scaramucci told CNBC yesterday that the investment company "SkyBridge Capital" that he founded and which runs a New York-based hedge fund has invested $ 25 million in bitcoin.
Scaramucci’s statement appeared after the “SkyBridge” Fund began its negotiations yesterday with the US Securities and Exchange Commission, after which an amount of $ 25 million would be invested in Bitcoin.
Tell Scaramucci:
The fund will welcome investments from outside investors on January 4.
You either have to accept that Bitcoin is a store of value or not.
After doing the research, we think it is.
Given the current global money supply and central banking coordination, this will be a very strong asset class over the next decade.
He added, declaring to "CNBC":
We'd love to have published the fund three or four months ago, but we think Bitcoin hasn't reached its peak yet.
He said that to deter investors from pumping and emptying shares into its bitcoin fund for a quick profit, the fund implemented a three-week holding period.
He added in his statement:
Bitcoin is an asset that can go up 2/3 times from here, we don't want our customers to miss out on investing in it.
It is worth noting that the investment fund provided by "SkyBridge" will only be available to approved investors, who are defined by the SEC as persons with annual income of $ 200,000 or an institution with assets of $ 5 million.
Founded in 2005 and headquartered in New York, SkyBridge, the investment company, manages $ 9.3 billion in assets.
Scaramucci reported earlier that his interview with "Michael Saylor" influenced his decision to enter his company and its direction towards Bitcoin.
Saylor has previously bought more than $ 1 billion in Bitcoin, and Saylor tweeted about Bitcoin on Twitter, stating:
Bitcoin is like a battery charged with cash energy.