• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Billionaire George Soros’ investment fund increases publicity to cryptocurrency-linked businesses

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Bitcoin price rose steadily above resistance at $70,000

Bitcoin cost increases steadily past resistance of 70,000 USD – Bitcoin News 2024

April 8, 2024
Axie Infinity Partners with Grab Philippines to Offer Reward Points to Users, AXS Price Increases by 12%

Axie Infinity Partners with Grab Philippines to Offer Reward Points to Users, AXS Price Increases by twelve%

November 27, 2023

Billionaire George Soros’ hedge fund has additional positions in businesses exposed to cryptocurrencies, together with Marathon Digital, MicroStrategy and Silvergate Bank.

Billionaire George Soros’ investment fund increases publicity to cryptocurrency-linked businesses

Soros Fund Management, the hedge fund of American billionaire George Soros, has improved its publicity to cryptocurrencies considering that late 2022 by investing in public businesses linked to the sector.

Second Profile 13F Filed with the Securities and Exchange Commission (SEC) on Dec. 31, the Soros fund purchased $39.six million in convertible bonds from a cryptocurrency mining company. Digital entries of the marathon (MARA). A convertible bond is a style of extended-phrase debt issued by a organization that can be converted into equity soon after a specific time period of time.

Next, the fund holds 50,000 shares of information organization MicroStrategy’s MSTR with phone and place alternatives. In addition to these typical stocks, the billionaire’s hedge fund also owns virtually $200 million in MicroStrategy favored stock.

This is viewed as an indirect action to assistance Bitcoin due to MicroStrategy, founded by the billionaire Michael Saylor, notoriously favors this cryptocurrency. As of the finish of final 12 months, MicroStrategI held up to 132,500 BTC soon after obtaining a lot more two,500 Bitcoins soon after a break.

And last but not least, Soros Fund Management also showed that it purchased a hundred,000 shares of SI below the place of “crypto-friendly bank” Silvergate Bank, which is at present in the course of action of US officials investigate connection concerning FTX exchange. The place buy is established at the finish of 2022, it is not clear no matter if Soros will nevertheless hold it or not.

The Soros Foundation was previously rumored to be purchased in BTC in the 2021 price tag enhance.

Synthetic currency68

Maybe you are interested:

Maybe you are interested:

Tags: BillionairecompaniescryptocurrencyrelatedexposurefundGeorgeIncreasesInvestmentSoros
Share76Tweet47

Related Posts

Trump’s Frustration with Fed Sparks Crypto Market Focus

by shark
June 27, 2025
0

President Trump criticizes Fed's rate policies, influencing crypto market attention and potential volatility.

SEC’s Peirce Foresees Crypto ETF In-Kind Redemptions

by shark
June 26, 2025
0

SEC Commissioner Hester Peirce signals potential regulatory evolution with anticipated in-kind creations and redemptions for crypto ETFs.

European Commission Eases Rules on Stablecoins Amid ECB Concerns

by shark
June 26, 2025
0

European Commission plans to ease stablecoin regulations despite European Central Bank opposition, impacting cross-border cryptocurrency transactions.

World Liberty Financial Sets WLFI Token Transfers In Motion

by shark
June 26, 2025
0

World Liberty Financial Inc. prepares WLFI token transfers and stablecoin audit release amid institutional interest.

Bitcoin’s Path to $120K: Inflows and Technical Signals

by shark
June 26, 2025
0

Bitcoin shows potential for a $120K breakout, supported by institutional inflows and technical indicators.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Joining Best Cryptos to Buy This Week, Qubetics Hits CEX June 30 Amid DOT’s Dip and Aptos’ Shelby
  • Trump’s Frustration with Fed Sparks Crypto Market Focus
  • SEC’s Peirce Foresees Crypto ETF In-Kind Redemptions
  • Qubetics Lists on a CEX on June 30 as the Top Cryptocurrency to Buy, Cosmos Dips, and TON Gains
  • European Commission Eases Rules on Stablecoins Amid ECB Concerns
  • Best Meme Coins for Exponential Returns: Arctic Pablo, Dogs & Neiro Set to Explode
  • World Liberty Financial Sets WLFI Token Transfers In Motion
  • Bitcoin’s Path to $120K: Inflows and Technical Signals
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7