Paul Tudor Jones Boosts Bitcoin Holdings, Potentially Making BTC His Largest Non-Options Investment
Billionaire hedge fund manager Paul Tudor Jones has significantly expanded his stake in Bitcoin (CRYPTO: BTC)-linked financial instruments, highlighting his continued confidence in the cryptocurrency’s potential.
What Happened: According to a Nov. 14 filing with the Securities and Exchange Commission (SEC), Tudor Investment Group held $159.9 million worth of BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) shares as of Sep. 30.
This marks a notable 400% increase from the 869,565 shares reported in the firm’s Q2 filing on Jun. 30, bringing its total to 4,428,230 shares.
Tudor’s Bitcoin allocation now ranks as the third-largest non-options position in his portfolio, valued behind SPDR S&P 500 ETF Trust (SPY) at $208 million and Nvidia (NVDA) at $166 million.
However, analysts at MacroScope suggest Bitcoin could have overtaken these …
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