UK investment manager sells off half BTC holdings after $750M win
"The economic environment for Bitcoin right now could not be better," said Duncan MacInnes. United Kingdom-based Ruffer Investment Management has made more than $750 million from its Bitcoin investment in less than two months, but it has decreased the size of its holdings.According to a report from British news outlet The Telegraph, Ruffer saw “immediate fireworks” after investing roughly 2.5% of its assets into Bitcoin (BTC) in November 2020, resulting in millions of dollars in gains as the price of the crypto asset rose past $20,000 and on to a new all-time high of more than $42,000 in....
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Kinea Looks Into Crypto Investments
Kinea, one of the leading asset managers in Brazil, has made an exploratory investment in the cryptocurrency world. The company, which has a....
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"We did not expect immediate fireworks,” said a Ruffer executive.
Cypherpunk Holdings says it financed additional bitcoin purchases with the "full liquidation" of positions in monero and ether.