Ruffer Investment Allocated 2.5% of Multi-Strategies Fund to Bitcoin in November

Ruffer Investment Allocated 2.5% of  Multi-Strategies Fund to Bitcoin in November
"Under the Wave off Kanagawa" ca. 1830
(Katsushika Hokusai/Metropolitan Museum of Art)

Correction (Dec. 15, 18:49 UTC): Ruffer allocated 2.5% of its multi-strategies fund to bitcoin, not 2.5% of its total AUM, as was previously reported. The total allocation is worth roughly $15 million.

Ruffer Investment Company sent a short update to shareholders notifying them of the company’s allocation to bitcoin.

Update (Dec. 15, 18:41 UTC): Updated to fix typographical error reflecting bitcoin gained 40% in November, not $40.

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