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Bridge Capital Founder: Holds a Significant Amount of Bitcoin, Sticks to End-of-Year Bitcoin Price Target of $180,000-$200,000

2025.08.20 12:56:17

August 20th. Anthony Scaramucci, the founder and CEO of SkyBridge Capital, reiterated on Tuesday that despite the recent market correction, he still maintains his year-end price target for Bitcoin between $180,000 and $200,000. In an interview with CNBC, Anthony discussed the current situation of the Bitcoin market: “I think the market is currently experiencing a lot of consolidation at present, while institutions are continuously entering. If you had attended a similar conference three years ago, most of the attendees were retail investors and some CEOs engaged in Layer1 blockchain. But today, a greater number of attendees are institutional investors,” he said. Some large investors are selling their Bitcoin holdings, resulting in some consolidation in the market. However, he remains optimistic about Bitcoin in the medium term, citing that demand exceeds supply. Anthony himself and his SkyBridge fund hold “a significant amount of Bitcoin.” Previously, he has also stated that 70% of his wealth is tied to Bitcoin. In May this year, he predicted that once the price of Bitcoin reaches $500,000, it will be recognized as a distinct asset class, similar in status to gold. He also pointed out that the Bitcoin price trend is driven by the limited supply and the institutional demand for allocation. The latter aims to hedge the risk of US fiscal policy through Bitcoin.
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