Express

Billionaire Investor Bill Miller's Hedge Fund Disclosed 1.5 Million GBTC Shares Holdings

Mary Liu

Summary: In a document filed with the U.S. Securities and Exchange Commission (SEC) on August 27, Miller Opportunity Trust, a hedge fund under billionaire investor Bill Miller, disclosed that it holds 1.5 million shares of Grayscale Bitcoin Trust (GBTC). As of June 30th, the total value of holding was $44.7 million.  The fund allowed Bitcoin exposure ...

In a document filed with the U.S. Securities and Exchange Commission (SEC) on August 27, Miller Opportunity Trust, a hedge fund under billionaire investor Bill Miller, disclosed that it holds 1.5 million shares of Grayscale Bitcoin Trust (GBTC).

As of June 30th, the total value of holding was $44.7 million. 

The fund allowed Bitcoin exposure in February, and the maximum percentage of fund assets that can be allocated to GBTC is 15%, with a maximum distributable percentage of 15%.

By Mary Liu

Last Update:

Tags: ,,
Link: Billionaire Investor Bill Miller's Hedge Fund Disclosed 1.5 Million GBTC Shares Holdings   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 5 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 11 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 13 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 15 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 18 days ago
  • You need to login to comment.