Reported By: CryptoFundReport.com
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.