British Investment Fund Ruffer Buys $744 Million in Bitcoin: Author – CFR

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CryptoBriefing – British management firm Ruffer Investment informed shareholders about its $744 million allocation in Bitcoin in a fund performance update memo.  Founded in 1994, London-based Ruffer has just announced its massive Bitcoin investment. The firm manages £20.3 billion ($27.3 billion) in assets on behalf of 6,500 clients from around the world.  Ruffer made the Bitcoin investment move in November after reducing its exposure to Gold.

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