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Founded by famous investor Bill Miller, the Miller Opportunity Trust with assets of $ 2.25 billion plans to invest 15% of them in a bitcoin trust company Grayscale Investments, follows from the filed with the US Securities and Exchange Commission document.
In it, the fund notified the regulator that “it may seek to indirectly invest in bitcoin through investments in the Grayscale Bitcoin Trust.”
The trust, whose portfolio is managed by Bill Miller and Samantha McLemore, will stop investing when it sends up to 15% of its assets, or about $ 337 million, to the bitcoin fund.
According to the Miller Opportunity Trust website, at the time of writing, Uber has the largest share of the fund’s assets at 6.1%.
In January, Miller expressed confidence that the first cryptocurrency is far has not exhausted growth potential… He expressed this opinion after reaching the price of bitcoin new historical high.
Miller himself invested part of their capital the first cryptocurrency back in 2014.
Recall that the day before, the total value of assets managed by Grayscale Investments exceeded $ 30 billion, of which $ 24.4 billion is in the Bitcoin trust.
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