Bloomberg: SkyBridge has achieved a 16% return this year due to the surge in Bitcoin

2024-02-29 21:21:20

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ChainCatcher news, according to Bloomberg, the hedge fund SkyBridge Capital led by Anthony Scaramucci has achieved a 16% return so far this year in the market environment of a significant rise in Bitcoin. "Our digital asset business has increased by about 35%, so we have had a very strong start this year," Scaramucci said in an interview with Bloomberg News in Abu Dhabi. He mentioned that over the past 14 months, SkyBridge's asset base has grown by 40%.

Scaramucci's comments were made on Wednesday when the price of Bitcoin hovered below $60,000. Since then, the price of Bitcoin has risen further, approaching its all-time high. Currently, about one-third of SkyBridge's total assets of $2.4 billion are invested in cryptocurrencies. "I am confident that the price of Bitcoin will double in the next 18 months, and if that becomes a reality, then the proportion of these assets will increase," Scaramucci said.

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