Jun 07 2021

Ruffer Raked In $1.1 Billion In Profits From Bitcoin

published by Andrew Turner
in blog CoinCheckup Blog – Cryptocurrency News, Articles & Resources
original entryRuffer Raked In $1.1 Billion In Profits From Bitcoin

bitcoin cryptocurrency news

UK-based investment manager Ruffer entered the Bitcoin market last November with an investment of around $600 million. It didn’t take long for the company’s bet on BTC to start paying off nicely, as the company managed to reap a $750 million profit just a few months later while still holding a sizeable Bitcoin position.