Ruffer Investment Company Allocates 2.5% of Assets to Bitcoin

Submitted by Aaron Goldstein on

Written by :

Aaron Goldstein

Published on :

Ruffer Investment Company Allocates 2.5% of Assets to Bitcoin

Ruffer Investment Company sent out a memo Tuesday alerting shareholders that it will be allocating roughly 2.5% of its portfolio towards Bitcoin. Per the memo, this investment is currently worth over $740 million.


*6 weeks free trial - test drive - best in the biz
*Deposit with Bitcoin - They'll double it!
*Get your own domain, customized website, logo
*Switch in under an hour, earn mrore $$ for doing so
*Odds featured on DonBest.com
*Thousands of betting options daily + live in-play
*Easy and discreet payment options include gift cards
*Walmart gift cards also accepted
Start Earning Money From Your Sheet Here

"We see this as a small but potent insurance policy against the continuing devaluation of the world's major currencies," the London-based firm wrote.

"Bitcoin diversifies the company's (much larger) investments in gold and inflation-linked bonds, and acts as a hedge to some of the monetary and market risks that we see," Ruffer said.

The memo comes as Bitcoin's price hit an all-time high, crossing the $20,000 threshold for the first time.  As of 9:56 am ET, Bitcoin was trading at $20,664.  It had earlier peaked at $20,836.

Related Content

Bet on All Things Jensen Huang, NVIDEA:  Next CEO, Net Worth, Testifying Before Congress

Bet on All Things Jensen Huang, NVIDIA: Next CEO, Net Worth, Testifying Before Congress

Shocking news in the world of AI as Nvidia CEO Jensen Huang resigns after his affair raises national security concerns. Ian Buck leads the way but with only a 35% chance at the prediction markets.
Bet When Jensen Huang Will Leave Nvidia CEO

Bet When Jensen Huang Will Leave Nvidia CEO

Traders at the prediction market Kalshi are giving Nvidia CEO Jensen Huang a 35% chance of stepping down before January 1, 2028. That's just over two years from now and those odds are still low.
Crash test dummy at laptop

Pay Per Head for Dummies

Gamblilng911.com looks at the benefits of using a Pay Per Head throughout the year, and it is here where we need to impress upon folks that sports betting does NOT end when the Super Bowl winner is declared. 
Bet25.com Launches Zero Margin Sportsbook to Eliminate Hidden House Edges

Bet25.com Launches Zero Margin Sportsbook to Eliminate Hidden House Edges

Every sports bettor deal with the same issue: traditional sportsbooks hide extra profit margins within their odds. Bet25 is changing this with the Zero Margin Sportsbook, setting the new rules of sports betting.