Tag Archives: Ruffer

Bitcoin has been exploding over the past year. Aside from experiencing heavy price booms that saw the currency rise from about $10,000 to $40,000 in just three months and attain all kinds of new highs, the currency has also been seeing fresh waves of institutional interest from the likes of companies such as MicroStrategy and Tesla, which have both purchased billions of dollars-worth of the asset. Now, asset manager Ruffer claims that things are just getting started for...

Ruffer Investment Management – a fund manager based in the United Kingdom – has a little bet going on bitcoin. The company has noticed how stellar the currency has been doing as of late, and it’s found a fun and unique way of cashing in on the action. Executives have placed a bet worth approximately 550 million pounds on BTC at the time of writing, as they believe the asset is likely to strike some major chords in the coming weeks and months.Ruffer Management Sees Bitcoin as a Serious...