In a recent note to investors, cited by Portfolio Adviser, Ruffer noted that its Bitcoin purchase was a “small allocation to an idiosyncratic asset class which we think brings something significantly different to the portfolio.”
It can be recalled that the asset manager had earlier exposed 2.5% of its portfolio to Bitcoin. Ruffer in its note gave several reasons why Bitcoin is becoming an attractive investment class. According to them:
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Source: Cryptocurrency - investing.com
