# Guggenheim CIO: ‘Speculative frenzy’ to die down, but $400k target still on
“# Guggenheim CIO: ‘Speculative frenzy’ to die down, but $400k target still on ” In an interview with Bloomberg Markets on Friday, Guggenheim Partners’ chief investment officer Scott Minerd clarified his seemingly contradictory views on Bitcoin’s potential, and revealed that select Guggenheim private funds have invested in the cryptocurrency. Minerd, who oversees Guggenheim’s $275 billion…