Asset Manager Ruffer Confirms $750 Million Bitcoin Investment as Hedge Agains...

Asset Manager Ruffer Confirms $750 Million Bitcoin Investment as Hedge Agains...

Investment management firm Ruffer, with over $27 billion under management, has confirmed that its bitcoin investment now totals $750 million. A Ruffer spokesperson told news.Bitcoin.com that this was “primarily a protective” move for the firm’s portfolios, as the firm reduced its gold investment. Ruffer says that its bitcoin investment is an “insurance policy against the continuing devaluation of the world’s major currencies.” Bitcoin Now 2.7% of Ruffer’s Total Portfolio Asset management firm Ruffer Group started investing in bitcoin in November....


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Bitcoin is ‘non-sensical’ asset that still makes sense, says UK investment ma...

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