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22 June 2021

British Asset Manager Ruffer Bags $1.1 Billion Profit From Bitcoin – Featured Bitcoin News

British Asset Manager Ruffer Bags $1.1 Billion Profit From Bitcoin – Featured Bitcoin News


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British Asset Manager Ruffer Bags $1.1 Billion Profit From Bitcoin – Featured Bitcoin News.

British asset management firm Ruffer reportedly said its bitcoin investment has generated about $1.1 billion in profit.

London-based asset management firm Ruffer revealed that it made $1.1 billion in profit from its bitcoin investment in five months, The Sunday Times reported on June 6.

Hamish Baillie, an investment director at Ruffer, said the asset management firm initially invested about $600 million in bitcoin in November last year when the price of BTC was below $20,000.

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