Skybridge Capital founder: If you are not long Bitcoin, you are short Bitcoin
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.
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.
You may also like
Growthly: No-Code Customizable Telegram Quests in Minutes
X Empire (X): A Revolutionary Blockchain Game with Community at Its Core
What is X Empire (X)? X Empire (X) is a strategy tap-to-earn Telegram game that allows players to build and manage their own empire in a futuristic virtual world. The game’s theme is centered around Elon Musk. Although X Empire is not officially endorsed by Musk, its creators have designed the game
SEC scores partial win against blockchain firm Opporty over $600K ICO
Justin Sun introduces Tron-based NFT platform
Trending news
MoreCrypto prices
More
