Skybridge Capital Founder Says Bitcoin ‘Will Easily Trade at $500K’ — Urges Investors to Buy Right Now

Skybridge Capital Founder Says Bitcoin ‘Will Easily Trade at $500K’ — Urges Investors to Buy Right Now


Skybridge Capital’s founder says bitcoin “will easily trade at $500,000 a coin,” noting that investors should buy some right now, even at the current price. “I’m trying to do my best to explain to them why they need to own this right now,” he said, emphasizing that we are still “very, very early.”

‘These Coins Will Easily Trade at $500K a Coin’

Anthony Scaramucci, the founder and managing partner of New York City-based investment firm Skybridge Capital, commented on the U.S. economy, inflation, and bitcoin on CNBC Friday. Scaramucci briefly served as the White House director of communications during the Trump administration in July 2017.

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He was asked whether he advises people to buy bitcoin at the current price of around $64,000. Scaramucci promptly replied,

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