Business
Bitcoin a cockroach in waning bond market – The Australian Financial Review
Heavy hitters in the hedge fund world are coming out to endorse Bitcoin. Now Pendal Group has taken a position for its investors and thinks it could fill a gap…
Earlier this month legendry hedge fund manager Stan Druckenmiller said he owned bitcoin.
“I have warmed up to the fact that bitcoin could be an asset class that has a lot of attraction as a store of value to Millennials,” Mr Druckenmiller said.
Billionaire hedge fund manager Paul Tudor Jones also weighed in, confirming he had take a small position and that bitcoin was in its “first innings”.
“I’m not a bitcoin flag bearer but bitcoin has this enormous contingent of really smart, sophisticated people…
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