According to Anthony Scaramucci, Qatar may have added Bitcoin to its reserve and could be the first Middle Eastern country to do so.
The founder of Skybridge Capital, Anthony Scaramucci, has made new statements about Bitcoin on his Twitter account.
Scaramucci shared that Qatar may have added Bitcoin (BTC) to its reserve and it could be the first Middle Eastern country to do so.
Recent news suggests that Qatar has been actively exploring Bitcoin investments since September 2023, when Prince Tamim Bin Hamad, the Crown Prince of Qatar, visited El Salvador to discuss the adoption of Bitcoin.
However, there has been no official confirmation that Qatar has accepted Bitcoin or made any BTC investments following this visit.
Bitcoin advocate, Max Keizer, who is also a close friend of El Salvador President Nayib Bukele, is reportedly trying to convince Qatar to invest in BTC.
At this time, Max Keizer references news from September 2023 and states, “this is happening!” Max Keizer’s post could be evidence that Qatar has purchased BTC.
Analysts speculate that if the relationship between Qatar and Bitcoin improves, especially as wealthy Middle Eastern countries such as Saudi Arabia also start accumulating Bitcoin, what will happen to the price of Bitcoin.
At this time, analysts believe that we could see a large amount of money flowing into Bitcoin as oil-rich countries like Qatar and Saudi Arabia jump in, which will drive up the price of BTC.
