Bitcoin ETF

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 Cover image via <a href="https://u.today/">U.Today</a>
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American financier and CEO of the SkyBridge Capital investment fund, Bitcoin bull <a href="https://u.today/total-nonsense-scaramucci-defends-bitcoin-evangelist-saylor-against-critic">Anthony Scaramucci</a>, has talked about his recent informal meeting with another big name in the crypto space - Michael Saylor.
Scaramucci teased his new book on Bitcoin as well.
<h2 id="saylor-contributes-to-scaramucci-s-new-book">Saylor contributes to Scaramucci's new book</h2>
Founder and CEO of SkyBridge Capital Scaramucci has taken to his X account to mention his recent meeting, an informal one judging by the sound of it, with the cofounder of MicroStrategy giant Michael Saylor.
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.”
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 Congrats Mooch.— Dan Tapiero (@DTAPCAP) <a href="https://twitter.com/DTAPCAP/status/1834050463085265246?ref_src=twsrc%5Etfw">September 12, 2024</a>
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Renowned global investor and Bitcoin supporter Dan Tapiero congratulated Scaramucci in a comment under the tweet.
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 JUST IN‼️: Anthony Scaramucci unveils the cover of his new ₿itcoin book:‘The Little Book of Bitcoin’, with a foreword by Michael Saylor. The subtitle reads: ‘What You Need to Know That Wall Street Has Already Figured Out’ <a href="https://t.co/CwWQtSOqjR">pic.twitter.com/CwWQtSOqjR</a>— Neil Jacobs (@NeilJacobs) <a href="https://twitter.com/NeilJacobs/status/1834038756292087968?ref_src=twsrc%5Etfw">September 12, 2024</a>
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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.
<h2 id="michael-saylor-sees-bitcoin-soaring-to-13-million">Michael Saylor sees Bitcoin soaring to $13 million</h2>
During a visit at CNBC’s Squawk Box show this week, <a href="https://u.today/michael-saylor-supports-bitcoin-recovery-with-epic-orange-pill-matrix-statement">Michael Saylor</a> stated that, currently, thanks to the Bitcoin strategy undertaken by MicroStrategy, it has been greatly outperforming all other companies in the S&amp;P 500 index in terms of share price increase.
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.

Anthony Scaramucci Teases His New Book on Bitcoin with Michael Saylor’s Foreword

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