Tags : 1bn

Bitcoin

Dogecoin, Musk, and $60 million NFT froth: Why Ruffer sold

Ruffer Investment Company Limited invested roughly $600 million in Bitcoin (BTC) in November 2020 but sold its exposure in April, while the crypto was still pumping and its price fluctuated between $50,000 and $65,000, profiting more than $1 billion in about five months.  According to Ruffer’s year-end review for the 12 months ending June 30, […]Read More

Bitcoin

Raise $1bn to Buy Bitcoin, Jim Cramer Tells GameStock (GME)

Just as the GameStop Corp. (NYSE: GME) shares exploded higher in the final hours of trading on Wednesday, Jim Cramer advised the videogame retailer’s board to buy Bitcoin to increase its stock prices further. “One last time GME,” tweeted the CNBC’s Mad Money host. “Issue one billion dollars in stock, buy one billion in bitcoin, […]Read More