The World's Greatest Investors Hodl Bitcoin

[TheWorldNewsOrg]

• Stanley Druckenmiller
• Bill Miller
• Paul Tudor Jones
• Steven Cohen
• Alan Howard
• Ray Dalio
• Larry Fink (CEO of BlackRock)
• Cathie Wood (CEO of ARK Invest)
• Michael Saylor (Chairman of Microstrategy)
• Ricardo Salinas (3rd richest man in Mexico)
• Jack Dorsey (Founder of Twitter, Square (now Block) and CashApp +)
• Elon Musk (CEO of Tesla Motors, SpaceX +)

Notable Fund Companies:

• Guggenheim
• Millenium
• Renaissance
• Stone Ridge Asset Management
• Pimco
• George Soros (Soros Fund)

 

 

All owned Bitcoin while cumbersome institutions watch. It’s probably nothing...

[TheWorldNewsOrg]

$2.2 Trillion Asset Manager Pimco Looking to Trade Cryptocurrencies, CIO Says

Pimco’s chief investment officer, Daniel Ivascyn, told CNBC in an interview Wednesday that his company is looking to trade digital assets, noting that some of its hedge fund portfolios are already investing in crypto-linked securities.

Pimco, an asset management subsidiary of Allianz Group, is a global leader in fixed income, its website details. Pimco manages $2.2 trillion in assets as of June 30. Its clients include central banks, sovereign wealth funds, public and private pension funds, financial and non-financial corporations, foundations and endowments, financial advisors, family offices, and individual investors.

Ivascyn said:

Now we’re looking at potentially trading certain cryptocurrencies as part of our trend-following strategies or quant-oriented strategies, then doing more work on the fundamental side.

“This will be a gradual process where we spend a lot of time on the internal diligence side speaking to investors. And, we’ll take baby steps in an area that’s rapidly growing,” he added.

[Mic Drop]

An update: