According to a report from British news outlet The Telegraph, Ruffer saw “immediate fireworks” after investing roughly 2.5% of its assets into Bitcoin (BTC) in November 2020, resulting in millions of dollars in gains as the price of the crypto asset rose past $20,000 and on to a new all-time high of more than $42,000 in January. Rather than HODLing it all, however, the firm reported that it had sold roughly half its BTC holdings.
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Source: Cryptocurrency - investing.com
