Scaramucci: Bitcoin Hitting $111K Is the Investment Opportunity of a Lifetime

Bitcoin's bull run just got a Wall Street seal of approval—and a sky-high price target.

Anthony Scaramucci, hedge fund veteran and Bitcoin evangelist, is doubling down on his crypto optimism. His latest rallying cry? A $111K BTC valuation isn’t just likely—it’s the modern equivalent of snagging Manhattan for beads.

Why the comparison? Scaramucci’s betting on Bitcoin’s scarcity narrative outpacing traditional assets. 'This isn’t speculation—it’s arithmetic,' he argues, pointing to institutional adoption and the halving cycle’s supply crunch.

Meanwhile, gold bugs and bond traders are left shuffling spreadsheets—when they’re not busy shorting the future.

TLDR

• Anthony Scaramucci compared buying Bitcoin today to the 1626 purchase of Manhattan Island.
• He believes Bitcoin remains in its early phase despite reaching a new all-time high of $111,999.
• Scaramucci forecasted that Bitcoin could reach $200,000 by the end of the year.
• He emphasized that volatility is part of the process when investing early in transformative assets.
• Scaramucci stated that Bitcoin’s current value is still low compared to its future potential.

Bitcoin (BTC) price surged to a new high of $111,999 before slightly retracing to $111,168. SkyBridge Capital founder Anthony Scaramucci compared today’s Bitcoin investment opportunity to Peter Minuit’s historic 1626 acquisition of Manhattan Island. He argued that Bitcoin remains significantly undervalued despite recent price gains.

Scaramucci stated that buying bitcoin today resembles securing Manhattan land centuries ago, when its value was barely understood. Although the asset has grown, he believes Bitcoin is still early in its lifecycle. He views current market conditions as the foundation for massive long-term gains.

Despite market volatility, Scaramucci remains optimistic about Bitcoin’s upward trajectory. He said investors should expect turbulence while still reaping future benefits. According to him, resilience remains crucial to capturing this digital asset’s full potential.

Bitcoin Still in Its Infancy, Says Scaramucci

Scaramucci described the Bitcoin market as being in its early developmental phase, much like Manhattan was in 1690. At that time, Manhattan lacked skyscrapers or major infrastructure, but its long-term potential was enormous. Similarly, he said Bitcoin has not yet experienced the full extent of its growth.

He pointed out that some observers in the 1600s thought land in Manhattan was overpriced. Today, critics use similar arguments against Bitcoin. Scaramucci said that ignoring Bitcoin’s future growth could result in missed financial opportunities.

In his view, Bitcoin’s current price of around $111,000 is inexpensive. He said the market is underestimating its long-term utility and scarcity. Scaramucci forecasts Bitcoin reaching $200,000 by the end of this year.

JUST IN: ANTHONY SCARAMUCCI COMPARES #BITCOIN AT $100K TO BUYING MANHATTAN IN 1690

"THIS IS DIGITAL PROPERTY. YOU EITHER SEE IT, OR YOU DON’T." 🔥 pic.twitter.com/DO4hHX1INV

— The Bitcoin Historian (@pete_rizzo_) July 10, 2025

Solana Remains Scaramucci’s Top Altcoin Holding

Though Scaramucci is bullish on Bitcoin, he identified solana as his largest altcoin position. He maintains this stance while viewing Bitcoin as the primary long-term digital asset. Solana’s ecosystem growth continues to interest him.

Bitcoin, however, remains central to his macro investment thesis. He considers it the most critical asset class for long-term digital wealth storage. Bitcoin’s fixed supply and growing adoption reinforce his expectations for continued price increases.

Scaramucci framed Bitcoin as a historic opportunity similar to undervalued land deals in the early modern era. He emphasized that Bitcoin offers unique long-term value when compared to traditional assets.