Anthony Scaramucci Says Bitcoin Is ‘Digital Store Of Value’ And ‘The US Should Own It’
Bitcoin (CRYPTO: BTC) is a very valuable long-term strategic asset that the United States should hold in its reserves, according to Anthony Scaramucci, founder and managing partner of SkyBridge Capital.
What Happened: In an interview with CNBC on Monday, Scaramucci praised the Trump administration’s efforts to establish a Bitcoin reserve, arguing that it positions the cryptocurrency as a critical component of the nation’s financial future, akin to digital gold.
With Bitcoin trading around $80,750—down down about 26% from its all time high of $108,786, Scaramucci emphasized its role in maintaining dollar stability and urged bipartisan support for the initiative, despite skepticism from some quarters.
Scaramucci highlighted the strategic vision behind the reserve, crediting David Sacks, a key figure in the administration, for fostering a bipartisan approach to digital assets.
“It’s a very valuable long-term strategic asset …