Investment management firm Ruffer, with over $27 billion under management, has confirmed that its bitcoin investment now totals $750 million. A Ruffer spokesperson told news.Bitcoin.com that this was “primarily a protective” move for the firm’s portfolios, as the firm reduced its gold investment. Ruffer says that its bitcoin investment is an “insurance policy against the […]
The post Asset Manager Ruffer Confirms $750 Million Bitcoin Investment as Hedge Against Fiat Currency Devaluation appeared first on Bitcoin News.
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