Davos 2023: Scaramucci's SkyBridge bets on $35k bitcoin, targets credit

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SkyBridge Capital is betting on a sustained turnaround in cryptocurrency markets in 2023, the firm's founder Anthony Scaramucci said, while admitting this view was 'overly bullish'.

Anthony Scaramucci, founder and managing partner of SkyBridge speaks during the SALT conference in Manhattan, New York City, U.S., September 14, 2022. REUTERS/David 'Dee' Delgado

"If bitcoin could trade back to $35,000, SkyBridge is going to have an amazing year," Scaramucci told the Reuters Global Markets Forum in Davos, Switzerland. Bitcoin is trading at around $20,800, a 26% gain so far this year after falling by more than 64% in 2022. "Structured credit, mortgage-backed securities, credit card debt, auto loans -- that's an attractive space again," Scaramucci said. As of last September, his firm managed $2.2 billion, including $800 million in digital asset-related investments.

 

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Keyword 'BETS'

In other words, man massively upside down in crypto begs easily duped masses to buy more crypto

Time to run the new crypto scam up to election cycle levels 🤡

is the trpresidency in?

Munchie backed Trump and SBF? How is his judgement on anything still valued?

New bag holders congratulations.

Another ponzi scammer

This from a guy who was all in for Trump, until he wasnt.

Scamammucci

Sweet fancy Moses, he is aging like Stephen Miller

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