Skybridge Capital founder Anthony Scaramucci has issued an impressive statement regarding the Bitcoin (BTC) rating.
According to well-known investors, Bitcoin should be considered a global asset class, not just an investment tool.
Scaramucci issued the following statement in his assessment:
“You have to ask: Is Bitcoin an asset class? If the answer is yes, then the market capitalization should reach the same level as gold. In that case, large institutional investors will add bitcoin to their portfolios just like gold. ”
Scaramucci highlights the global distribution of Bitcoin, claiming it has a much broader ownership base than American companies and the S&P 500 shares. This feature will further solidify Bitcoin’s position in its future investment portfolio, he said.
A well-known investor said the current price level is low, saying, “If more than half of investors continue to consider Bitcoin as an asset class, purchases and portfolio allocations continue. In this case, $200,000 remains very low for Bitcoin.
*This is not investment advice.
