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Skybridge Capital founder: If you are not long Bitcoin, you are short Bitcoin

Skybridge Capital founder: If you are not long Bitcoin, you are short Bitcoin

CointimeCointime2024/05/20 08:55
By:Cointime

Anthony Scaramucci, founder and managing partner of Skybridge Capital, discussed the adoption of Bitcoin by institutions in an interview with CNBC. He emphasized that large institutions are continuing to accelerate their integration of BTC. In addition, Scaramucci said that if you are not long on Bitcoin, then you may be short on Bitcoin, because if you believe that this will become a part of institutional investors' long-term tactical asset allocation strategy, then at some point, you must be long on Bitcoin. Therefore, many smart institutions are saying let me be long on it before it becomes part of the overall tactical asset allocation index, and I think this is already happening, which is very favorable for Bitcoin.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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