What Happened: Scaramucci posited Bitcoin as a modern-day store of value, deserving the same vein of patient investing conventionally associated with legacy companies. "We are now fully in a digital world and this [Bitcoin] is a value store," he told Yahoo Finance.

In a March 2024 post on X, Scaramucci wrote, "Bitcoin is the Berkshire Hathaway of the 21st century – a compounding, wealth-generating machine for investors. “It was never ‘too late’ to buy Berkshire stock. It is still very very early for Bitcoin."

See Also: Warren Buffett Ditches Bitcoin-Linked Nu Holdings, Adds To Constellation Brands, Domino’s Pizza, Pool Corp Stakes

In another interview this week, he observed that bitcoin is transforming from a "tech asset" into something "akin to digital gold."

Since Scaramucci called Bitcoin the “21st century’s Berkshire Hathaway” on March 4, 2024, the cryptocurrency has surged 67.43%, rising from $61,980 to $103,777.

In comparison, Berkshire Hathaway’s Class A shares have gained 23.68%, moving from $611,955 to $754,154, while Class B shares have risen 24.61%, from $407.11 to $507.33 — both significantly underperforming Bitcoin during the same period.

For broader context, Bitcoin’s all-time return stands at an astonishing 167,725,764%, while Berkshire Hathaway Class A shares have gained 40,821%, and Class B shares have risen 2,013%.

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