SkyBridge Capital's Scaramucci Upgrades His Lamborghini, Voices Optimism about Crypto Market

SkyBridge Capital founder Anthony Scaramucci voiced optimism about the state of the crypto market, sharing a personal anecdote to back up his assessment.

SkyBridge Capital founder Anthony Scaramucci is displaying his optimism about the state of the crypto market in a unique way — by upgrading his Lamborghini.

According to Scaramucci, he is currently driving a 2022 Lamborghini, which he plans to trade in for a 2026 model. In an interview with DL News on Dec. 13, Scaramucci shared his enthusiasm for the ongoing bull market, revealing his dream car aspiration.

"I'm a nouveau riche Italian from Long Island. My life's dream is to have a Lamborghini," Scaramucci said.

When asked if he sold any of his Bitcoin to finance the new purchase, Scaramucci responded with a strong denial.

"Why would I f—ing sell my Bitcoin?" he said.

The cryptocurrency market capitalization has surged 20% in the past 30 days to $3.6 trillion, largely driven by Bitcoin's BTC/USD rise to $100,000. Altcoins and meme coins have also seen growth.

Scaramucci also highlighted the growing bipartisan support for crypto legislation in an another interview, noting that the 2024 election cycle has brought increased awareness among lawmakers.

"The crypto industry has made financial contributions, and it's having an impact on the 2024 election cycle. Specifically, the crypto industry's involvement in the 2024 election cycle has brought crypto legislation to the forefront of discussions."

Scaramucci believes that Bitcoin is set for mainstream institutional investment, adding that more people in the U.S. now own crypto than own dogs, which is an indication of the growing acceptance of digital assets.

As a veteran in the industry, Scaramucci pointed out a three-year delay in the crypto rally due to the Democrats’ anti-crypto stance, but he believes the incoming administration under Trump will play a key role in shaping future crypto policy.