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The George Soros Foundation has invested $159 million in shares of bitcoin holder MicroStrategy

Bits.media / 28.05.2024 / 12:17
The George Soros Foundation has invested $159 million in shares of bitcoin holder MicroStrategy
One of the world's most famous billionaire investors revealed the structure of the investment portfolio of his George Soros Fund in January-March, confirming rumors about the investment of the family fund in MicroStrategy shares.

George Soros Fund Management, George Soros family investment firm She spent $159 million to acquire shares in the MicroStrategy developer company, which is also one of the largest public holders of bitcoin. The amount is 2% of the total value of the Soros Fund investment portfolio.

The eighty-year-old billionaire thus confirmed his interest in investing in shares of crypto companies. Despite the fact that in the public space, the tycoon recently compared digital assets to a bubble and a tool of dictators.

At the end of April, experts from the Benchmark investment company said that MicroStrategy is likely to be included in the S&P500 index of highly liquid American companies.

George Soros' former business partner, investor and co-founder of the Quantum Fund, Jim Rogers, continued to be extremely skeptical about cryptocurrencies. According to him, the demand for rice and sugar will always remain, and all cryptocurrencies will disappear sooner or later.

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