Paul Tudor Jones, founder and CEO of Tudor Investment Corporation, has significantly increased his firm's Bitcoin holdings, now totaling over $445 million. Recent SEC filings reveal that the hedge fund has nearly doubled its investment in BlackRock’s iShares Bitcoin Trust. This move highlights the growing institutional confidence in Bitcoin as a store of value, particularly amid economic uncertainty and inflation concerns.
Jones, a long-time advocate of Bitcoin, likens it to gold in terms of its value preservation capabilities. The increased allocation by Tudor Investment Corporation reflects a broader trend of institutional interest in digital assets, which could influence market dynamics and encourage further adoption by similar entities.
Paul Tudor Jones' Bitcoin Holdings Surge to $445 Million
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