
Ruffer Turns Bitcoin Investment Into $750M Profit in Under 2 Months
"We did not expect immediate fireworks,” said a Ruffer executive.
"We did not expect immediate fireworks,” said a Ruffer executive.
Coinbase and One River Digital worked in tandem to execute U.K mega-manager Ruffer Investment's $745 million bitcoin purchase in November.
A recap of 5+ insanely bullish stories that got buried in the bitcoin price action.
One River Digital Asset Management already holds $600 million in bitcoin and ether.
UK-based Ruffer confirmed the size of its tremendous bitcoin investment from November in an email to CoinDesk Wednesday.
The firm sent a letter to shareholders noting the investment Tuesday.