Jan 4, 2021,
08:40pm EST
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63,256 views
Donald Trump’s Former Comms Director Made A Shock $310 Million Bitcoin Bet As The Price Soars
Billy BambroughContributor
Crypto & Blockchain
I write about how bitcoin, crypto and blockchain can change the world.
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Anthony Scaramucci, whose 2017 tenure as Donald Trump’s communications director lasted just 11 days, is the latest hedge fund manager to buy into bitcoin.
The bitcoin price broke through into uncharted territory last month, soaring past its 2017 high and ending 2020 up by over 300%.
Now, Scaramucci’s Skybridge Capital, a New York-based fund of hedge funds, has started the Skybridge Bitcoin Fund with $310 million in assets under management—calling bitcoin still "in its early innings."
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2021 Bitcoin Price Predictions: Is The Massive Bitcoin Bull Run About To Peak?
By Billy Bambrough
Jan 4, 2021, 08:40pm EST | 63,256 views Donald Trump’s Former Comms Director Made A Shock $310 Million Bitcoin Bet As The Price Soars Billy BambroughContributor Crypto & Blockchain I write about how bitcoin, crypto and blockchain can change the world. More From Forbes The Ten Most Valuable MLB Teams 2020 Here are the 10 most valuable MLB teams of 2020. Pause Unmute Current Time 0:02 / Duration 1:06
Fullscreen Anthony Scaramucci, whose 2017 tenure as Donald Trump’s communications director lasted just 11 days, is the latest hedge fund manager to buy into bitcoin.
The bitcoin price broke through into uncharted territory last month, soaring past its 2017 high and ending 2020 up by over 300%.
Now, Scaramucci’s Skybridge Capital, a New York-based fund of hedge funds, has started the Skybridge Bitcoin Fund with $310 million in assets under management—calling bitcoin still "in its early innings."
MORE FROM FORBES 2021 Bitcoin Price Predictions: Is The Massive Bitcoin Bull Run About To Peak? By Billy Bambrough