Ruffer cashes out $1 billion profit for $600 million BTC investment in November By BTC Peers – Investing.com
- Date: 09-Jun-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Ruffer cashes out $1 billion profit for $600 million BTC investment in November By BTC Peers – Investing.com
Asset manager Ruffer has cashed out more than $1 billion in profit less than six months after investing $600 million in .
Back in November 2020, Ruffer made a $600 million Bitcoin investment. Speaking to The Times, Hamish Baillie, investment director at the asset management firm, disclosed that his company closed its Bitcoin position for more than $1.1 billion in profit in April. He said:
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