And now the fund created by philanthropist and billionaire investor George Soros also holds Bitcoin. The announcement came from Dawn Fitzpatrick, CEO and investment manager of Soros Fund Management, in an interview with an event organized by Bloomberg.
The family office, the CEO said, holds “some coins …. but not many”.
Soros Fund Management did not respond to CNBC’s request for comment on how many Bitcoins it holds, and when it bought them.
“I’m not sure Bitcoin is only seen as a hedge to hedge against inflation,” said Fitzpatrick, who recalled how cryptocurrencies now have a capitalization of over $ 2 trillion, with more than 200 million users.
The price of Bitcoin, the world‘s number one cryptocurrency, jumped about 10% from $ 50,000 on Tuesday to over $ 55,000 yesterday.
At 1.20pm Italian time, Bitcoin rises by more than 4.5% to over $ 54,000. Bitcoin has gained 13% this week alone and 87% since the beginning of the year.
Ethereum also did well, up almost + 5% around $ 3,562.