Skybridge Capital founder Anthony Scaramucci, a well-known advocate for cryptocurrencies, recently made significant remarks about Bitcoin from his X account.
In his latest statement, Scaramucci suggested that Qatar might have included Bitcoin (BTC) in its reserves, potentially becoming the first Middle Eastern country to do so.
This news follows earlier reports from September 2023, when His Highness Tamim Bin Hamad, Emir of Qatar, visited El Salvador to discuss Bitcoin adoption. While there has been no official confirmation of Qatar’s adoption or investment in Bitcoin since then, the speculation has garnered interest within the crypto community.
Max Keizer, a prominent Bitcoin maximalist and close associate of El Salvador’s President Nayib Bukele, has been actively campaigning for Qatar to diversify its reserves by investing in BTC. Keizer’s optimism was reflected in a tweet from March 2024, where he hinted at Qatar possibly adding Bitcoin to its balance sheet.
Scaramucci echoed Keizer’s sentiment by sharing the tweet and suggesting that this development could have positive implications for the Bitcoin market. Many experts believe that if wealthy Middle Eastern nations like Saudi Arabia and Qatar begin accumulating Bitcoin with their oil wealth, it could lead to a significant influx of funds into the market, potentially driving the price higher.
It is important to note that this information is not intended as investment advice and should be interpreted within the context of the evolving relationship between traditional finance and the crypto industry.
