SkyBridge Treasury Expands as Scaramucci Reaffirms $150K Bitcoin Prediction
The post SkyBridge Treasury Expands as Scaramucci Reaffirms $150K Bitcoin Prediction appeared on BitcoinEthereumNews.com.
TLDR Anthony Scaramucci reaffirms his $150K Bitcoin target by the end of the year despite recent market fluctuations. Scaramucci announces plans to add AVAX to SkyBridge’s crypto treasury as part of the firm’s growing digital asset strategy. SkyBridge Capital remains committed to Bitcoin and AVAX, with both assets now included in the firm’s treasury. Scaramucci highlights Avalanche’s unique subnet capabilities as a major factor in its growing institutional adoption. Despite Bitcoin’s volatility, Scaramucci maintains confidence in the cryptocurrency market’s long-term growth and institutional support. SkyBridge Capital founder Anthony Scaramucci reaffirmed his Bitcoin price target of $150,000 by the end of the year. Despite a recent market dip, Scaramucci remains confident in his forecast. Additionally, he revealed plans to add Avalanche’s AVAX to SkyBridge’s crypto treasury, marking a significant move for the firm. SkyBridge Founder Reaffirms $150K Bitcoin Outlook Scaramucci’s $150,000 Bitcoin prediction remains unchanged, despite Bitcoin’s recent volatility. He acknowledged a recent pullback but viewed it as part of the typical market cycle. “September is usually the worst month for cryptocurrency,” he explained, attributing it to tax selling and previous price increases. Scaramucci also expressed that September’s downturn is not concerning for Bitcoin’s long-term prospects. He stated that, while Bitcoin’s price may dip further, he remains steadfast in his prediction. “Bitcoin could fall below $100,000, but that wouldn’t change my outlook,” he said, emphasizing the asset’s resilience and growing demand. The SkyBridge founder noted that Bitcoin’s volatility, though significant, has not dampened institutional interest. “People criticized us when we first invested in Bitcoin at $20,000,” Scaramucci recalled. Yet, he highlighted that institutional buying and the rise of crypto treasuries signal Bitcoin’s increasing adoption and maturity. Scaramucci Adds AVAX to SkyBridge Treasury Scaramucci’s decision to add AVAX to SkyBridge’s treasury reflects his belief in Avalanche’s unique blockchain capabilities. He praised Avalanche’s…
Filed under: News - @ September 23, 2025 1:29 am