Bitcoin no longer a fringe asset due to US dollar debasement, says Soros Fund...
Soros Fund Management's CIO said that Bitcoin is no longer out on the fringes, thanks to the debasement of the U.S. dollar over the past year. Soros Fund Management chief information officer Dawn Fitzpatrick said Bitcoin (BTC) may once have been considered a fringe asset, but the inflation of the United States dollar has changed that.Speaking to Bloomberg, Fitzpatrick said her firm — an asset management fund created by global investor George Soros — had recently begun to take an interest in Bitcoin.“We think the whole infrastructure around crypto is really interesting, and we’ve been....
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Soros Fund Management, founded by billionaire investor George Soros, has invested in bitcoin. The CEO of the asset management company says bitcoin is not just an inflation hedge: “I think it’s crossed the chasm to mainstream.”
Soros Fund Management’s CEO Says Bitcoin Has Gone Mainstream
Soros Fund Management, the asset management company founded by billionaire investor George Soros, has invested in bitcoin, the fund’s CEO, Dawn Fitzpatrick, revealed in an interview with Bloomberg, published Tuesday.
Fitzpatrick is both the CEO and....
Soros Fund Management, led by a world famous investor, has reportedly received approval to trade bitcoin.
Fearing a possible EU collapse, and attempting to diversify away from a volatile dollar, billionaire George Soros has begun heavily investing in gold stocks. According to a Wall Street Journal article, Soros Fund Management, the $30 billion fund which oversees Soros’s investments, made a series of large investments into precious metals. Soros bought a $264 million stake, or 1.7% in Canada-based Berrick Gold, while cutting investments in US-based stocks by one third. Hedging against potential EU collapse triggered by “Brexit”. Soros is aligning his investments with precious metals in....
The Hungarian-born American billionaire investor George Soros’ investment fund is actively trading bitcoin investment products, according to reports. Undisclosed sources reveal that bitcoin trading got the green light from the Soros Fund Management chief investment officer (CIO) Dawn Fitzpatrick. Soros Fund Management Reportedly Has ‘Greenlight’ to Trade Bitcoin At the end of March, Bitcoin.com News reported on George Soros’ investment fund and the company’s CIO Dawn Fitzpatrick. At the time, Fitzpatrick said that central bank digital currencies (CBDCs) are a....
Billionaire George Soros’ investment fund has had its eye on bitcoin for a while now. Bitcoinist had reported in July that the fund was looking to start trading bitcoin. It would not be the first time the company was getting into the crypto market but it is the first time that the fund has traded in the digital asset directly. Bitcoin was at the top of its list. However, the fund had its eye on other crypto-assets in the space. Soros Fund CEO Dawn Fitzpatrick has now confirmed that the investment firm had indeed begun trading in cryptocurrencies. Speaking on Bloomberg Live, Fitzpatrick....