Overview

• Speaking with CNBC at the Wyoming Blockchain Symposium, the SkyBridge Capital chief called the forecast a cautious target.
• He argued that limited issuance of roughly 450 new Bitcoin per day supports higher prices as buying interest expands.
• He predicted large institutions will prioritize spot Bitcoin ETFs, pointing to BlackRock’s IBIT as the likely vehicle rather than corporate treasuries.
• He said he owns a substantial amount of Bitcoin personally and through SkyBridge.
• He voiced support for dollar-based stablecoins and criticized central bank digital currencies as too intrusive.