As a researcher with a keen interest in the ever-evolving world of finance and technology, I find myself constantly intrigued by the dynamic interplay between these two spheres, particularly as they manifest in the realm of cryptocurrencies. The recent meeting between Anthony Scaramucci, CEO of SkyBridge Capital, and Michael Saylor, co-founder of MicroStrategy, has piqued my curiosity.
In simpler terms, the influential American investor and CEO of SkyBridge Capital, Anthony Scaramucci (a supporter of Bitcoin), discussed an off-the-cuff encounter he recently had with Michael Saylor, a well-known figure in the digital currency world.
Scaramucci teased his new book on Bitcoin too.
Saylor contributes to Scaramucci’s new book
As an analyst, I recently learned that I had an informal chat with MicroStrategy’s co-founder, Michael Saylor, according to a post on his account.
Over the last four years, he has successfully transformed into a notable advocate for Bitcoin within the business sector. Since August 2020, MicroStrategy has amassed approximately $8.3 billion in Bitcoin holdings.
Initially, they used their excess funds for purchases and later issued convertible notes specifically to investors, raking in billions to further invest in Bitcoins and enable investors to profit from it. Essentially, MicroStrategy has functioned like a Bitcoin Exchange-Traded Fund (ETF) prior to the SEC’s approval of spot Bitcoin ETFs this January.
Scaramucci posted that it’s always enjoyable to be around the legendary figure @saylor. He acknowledged Saylor for penning the foreword to his upcoming book titled “The Little Book of Bitcoin.” Although he didn’t disclose specifics about the new writing project, a hint can be found on the cover: “What You Need to Know that Wall Street Has Already Figured Out.
Congrats Mooch.
— Dan Tapiero (@DTAPCAP) September 12, 2024
Renowned global investor and Bitcoin supporter Dan Tapiero sent his congratulations to Scaramucci in a comment under the tweet.
According to U.Today’s previous report, Scaramucci recently took to Twitter to praise Michael Saylor as an outstanding educator within the Bitcoin community, referring to him as one of the top explainers of this digital currency.
Michael Saylor sees Bitcoin soaring to $13 million
This week, during an appearance on CNBC’s Squawk Box show, Michael Saylor pointed out that due to its Bitcoin approach, MicroStrategy is significantly surpassing every other company within the S&P 500 index in terms of share price growth.
The company continues to create software, but its primary emphasis has shifted towards Bitcoin and the sale of convertible notes to attract further investment for purchasing more Bitcoins.
Additionally, Saylor mentioned his prediction that Bitcoin could potentially reach a staggering peak of around $13 million within the upcoming 21-year period.
Read More
- SOL PREDICTION. SOL cryptocurrency
- LUNC PREDICTION. LUNC cryptocurrency
- BTC PREDICTION. BTC cryptocurrency
- USD COP PREDICTION
- USD PHP PREDICTION
- TON PREDICTION. TON cryptocurrency
- USD ZAR PREDICTION
- Top gainers and losers
- ENA PREDICTION. ENA cryptocurrency
- EUR USD PREDICTION
2024-09-12 11:41