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Bitcoin Whale Emerges With $1 Billion, Alan Howard's Backing

Bitcoin Whale Emerges With $1 Billion, Alan Howard’s Backing
Bloomberg
12/16/2020
Erik Schatzker
(Bloomberg) A hedge fund specializing in volatility bets has emerged as one of the largest investors in Bitcoin after quietly buying more than $600 million in cryptocurrencies and joining forces with Alan Howard, the co-founder of Brevan Howard Asset Management.
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Eric Peters, chief executive officer of One River Asset Management, said in an interview he set up a new company to seize on the growing interest in cryptocurrencies among institutional investors. In addition to its initial purchases, One River Digital Asset Management has commitments that will bring its holdings of Bitcoin and Ether to about $1 billion as of early 2021, he said. ....

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Giant "Bitcoin Whale" Emerges With Transformational $1 Billion Stake, Backing From Legendary Traders

Giant "Bitcoin Whale" Emerges With Transformational $1 Billion Stake, Backing From Legendary Traders
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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