SkyBridge Capital, a New York-based investment firm founded by former White House Communications Director Anthony Scarammuci, has started a new fund to invest in Bitcoin (BTC-USD) mining businesses, according to an SEC filing Thursday. The new SkyBridge BTC Mining limited partnership has raised $7.04M, the filings showed. Specifically, the hedge fund will co-invest with other limited partners in Bitcoin (BTC-USD) miner Genesis Digital Assets for the second time, a source with knowledge on the matter told CoinDesk. The move comes after SkyBridge took part in Genesis' $431M fundraise last year, CoinDesk reported Sept. 21, 2021. In January, the Securities and Exchange Commission rejected SkyBridge's Spot Bitcoin ETF.
XRP Price Prediction For May 2025
