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A New Crypto Player Joined The Game With $1 Billion, Backed By Billionaire Alan Howard
Summary: According to Bloomberg, One River Asset Management, a hedge fund backed by billionaire hedge fund manager Alan Howard, has purchased "over $600 million" of Bitcoin and Ethereum in November. As Bitcoin price hits an ATH today, the company plans to increase its holdings to about $1 billion in early 2021. Alan Howard backs One River in ...
According to Bloomberg, One River Asset Management, a hedge fund backed by billionaire hedge fund manager Alan Howard, has purchased "over $600 million" of Bitcoin and Ethereum in November. As Bitcoin price hits an ATH today, the company plans to increase its holdings to about $1 billion in early 2021.
Alan Howard backs One River in many ways. He has bought shares in the business and invests in One River's fund. Elwood Asset Management, which established by Howard is providing trading services, market analysis, and technical support to One River.
By Mary Liu
Tags: Alan Howard,Bitcoin,Elwood Asset Management,Ethereum,One River
Link: A New Crypto Player Joined The Game With $1 Billion, Backed By Billionaire Alan Howard [Copy]
