
Bill Miller-Run $2.25B Fund May Buy GBTC to Gain Bitcoin Exposure of Up to 15%
The fund noted that it would not expose more than 15% of its $2.25 billion in assets to bitcoin.
The fund noted that it would not expose more than 15% of its $2.25 billion in assets to bitcoin.
"Not owning any Bitcoin has been a massive mistake, and we expect that will continue to be true," the famed value investor wrote to clients.
In a recently released Income Strategy Letter, Bill Miller addresses the expansion of Bitcoin (BTC) during the last quarter of the year. The analyst talked about Bitcoin and […]
"That's the opposite of what happens with most stocks," the mutual fund legend added.
Bill Miller is a seasoned investor in the mainstream financial markets, beating the S&P 500 for years. He was ahead of the curve with Bitcoin, raising the BTC allocation of a $154 million fund from 5% to 30% in 2017. "If inflation picks up, or even if it doesn't, and more companies decide to diversify some small...
As Bitcoin (BTC) hit a new all-time high above $35,500 earlier...
Bitcoin, over the last few weeks, has been soaring. The crypto gained over 35% just last month, with many analysts predicting a greater price increase in the near future. Popular Wall Street legend Bill Miller has...
Bitcoin (BTC) has finally won! Yes, the world's largest cryptocurrency has successfully managed to garner the attention of some of the biggest financial institutions, hedge fund managers, and...
Legendary investor Bill Miller says that this is the right time to buy Bitcoin as the fundamentals are getting stronger every day. According to his interview given to...