Tudor Investment, the investment fund of billionaire Paul Tudor Jones, has just announced its 13F filing showing that it has doubled its Bitcoin ETF (IBIT) holdings, making Bitcoin the largest asset in the fund's portfolio. This is a noteworthy move that could have a significant impact on the global financial market.
Bitcoin Becomes the Largest Asset in the Investment Portfolio
According to reports,
#TudorInvesment currently holds 8,048,552 IBIT shares, equivalent to 426.9 million USD as of December 31, up sharply from 4,428,230 shares on September 30. This indicates Paul Tudor Jones' growing confidence in Bitcoin as a store of value and an inflation hedge.