On Tuesday, Ruffer Investment Company revealed in an investor letter that it has allocated "around 2.5%" of its fund's portfolio to Bitcoin:
One recent addition, via one of the specialist managers appointed within the Ruffer Multi-Strategies Fund, has been bitcoin. This is primarily a defensive
On Monday, American business services company MicroStrategy announced its intent to raise $400 million in a private offering of convertible senior notes, the proceeds of which it would potentially use to buy bitcoin. While many scoffed at the deal that earned the company a stock downgrade from Citibank, a few
Scott Minerd, Chief Investment Officer of asset management and investment advisory firm Guggenheim Investments, believes Bitcoin is severely undervalued.
In a video published by Bloomberg TV on Wednesday, Minerd shared that the firm had "started allocating toward Bitcoin when Bitcoin was at $10,000," adding that he was
Scott Minerd, Chief Investment Officer of asset management and investment advisory firm Guggenheim Investments, believes Bitcoin is severely undervalued.
In a video published by Bloomberg TV on Wednesday, Minerd shared that the firm had "started allocating toward Bitcoin when Bitcoin was at $10,000," adding that he was
On Tuesday, Ruffer Investment Company revealed in an investor letter that it has allocated "around 2.5%" of its fund's portfolio to Bitcoin:
One recent addition, via one of the specialist managers appointed within the Ruffer Multi-Strategies Fund, has been bitcoin. This is primarily a defensive
On Monday, American business services company MicroStrategy announced its intent to raise $400 million in a private offering of convertible senior notes, the proceeds of which it would potentially use to buy bitcoin. While many scoffed at the deal that earned the company a stock downgrade from Citibank, a few
As first noted by Grayscale Director Phil Bonello, MassMutual recently purchased $100 million worth of bitcoin. Assuming it bought the cryptocurrency at its current price of $18,150, that would mean the insurance company purchased 5,510 BTC.
MassMutual, also known as the Massachusetts Mutual Life Insurance Company, is a
Up until recently, Wall Street investor Ray Dalio had been known as a Bitcoin skeptic. That appears to be changing.
Dalio is the co-CIO of one of the world's largest investment funds, Bridgewater Associates. He is personally valued at $16.9 billion, according to Forbes.
In a Reddit
According to a press release, MicroStrategy is looking to raise $400 million in a private offering of convertible senior notes. Michael Saylor, CEO of the business analytics company, confirmed the raise in a tweet published on Monday afternoon.
This offering would allow the company to purchase more bitcoin, adding to
Worldwide, more than 75 million gamers have chosen Call of Duty: Warzone, a free-to-play battle royale game that’s part of the third-highest-grossing video game franchise in the world. In groups of up to 150 users at a time, players combat each other in best first-person shooter fashion, either privately
On the afternoon of December 4th, MicroStrategy CEO Michael Saylor announced that his company had purchased another $50 million worth of bitcoin, detailing that the company acquired 2,574 coins at an average price of $19,427 each. Bitcoin's current value sits at $19,000 as per Tradingview.
