Scaramucci teased his new book on Bitcoin as well.
The latter has managed to reinvent himself as a prominent Bitcoin supporter in the corporate world during the past four years. Since August 2020, MicroStrategy has accumulated roughly $8.3 billion worth of BTC.
They began buying with their free cash reserves and then started selling specially issued convertible notes to investors to raise billions of dollars to buy more BTC and allow investors capitalize on it. Basically, MicroStrategy has turned into a sort of Bitcoin ETF before the SEC granted approval to spot Bitcoin ETFs this January.
Scaramucci tweeted that it is “always great to spend time with the living legend @saylor.” Scaramucci thanked Saylor for writing a foreword to his new book called “The Little Book of Bitcoin,” without revealing any details of the new product. However, there is a small “teaser” on the cover, which says: “What You Need to Know that Wall Street Has Already Figured Out.”
Renowned global investor and Bitcoin supporter Dan Tapiero congratulated Scaramucci in a comment under the tweet.
As reported by U.Today earlier, Scaramucci defended Michael Saylor on X in a tweet, calling the MicroStrategy founder “the best explainer of Bitcoin” in the cryptocurrency community.
The firm still produces software, he said; however, the main focus is now on Bitcoin and issuing convertible notes to investors for raising more money to buy BTC.
Saylor also stated that he expected Bitcoin to surge to an unbelievable high of $13 million over the next 21 years.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
