Anthony Scaramucci Once Dubbed Bitcoin The ‘Berkshire Hathaway Of The 21st Century’—Since Then, It Has Outpaced Warren Buffett’s Stock By A Wide Margin
During a 2024 interview, SkyBridge Capital founder Anthony Scaramucci likened Bitcoin (CRYPTO: BTC) to one of Wall Street’s most iconic stocks, Berkshire Hathaway (NYSE:BRK) (NYSE:BRK), putting his weight behind cryptocurrency’s legitimacy as a long-term investment.
What Happened: Scaramucci posited Bitcoin as a modern-day store of value, deserving the same vein of patient investing conventionally associated with legacy companies. “We are now fully in a digital world and this [Bitcoin] is a value store,” he told Yahoo Finance.
“I think of Berkshire Hathaway as a value storage company. I’m a long-term holder of Berkshire Hathaway—27 years I’ve held that stock—of course it served me very well, and I think Bitcoin is something that people need to think about in terms of multiple-decade holding.” He added, “I know Charlie Munger hated Bitcoin and Mr. [Warren] Buffett called it rat …
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