Which Super Rich Still Hold Bitcoin Despite Crypto Market Slump

In an interview, the founder of Tudor Investment Corporation, Paul Tudor Jones II, said that he still has a very minor allocation of Bitcoin. The hedge firm has over $24 billion in assets under management, according to their latest 13F filings.

Generally, Paul Tudor is believed to be a trend follower, which means he doesn’t hold on to an investment instrument in a downtrend. There is a famous picture of Paul Tudor, with a poster in the background that reads “Losers Average Losers,” basically indicating that he does not believe in popular strategies like Dollar-cost averaging.

He might have made an exception for Bitcoin and still holds it, a small allocation, though.

“So in a time when there is too much money, which is why we have inflation and too much fiscal spending, something like crypto, specifically Bitcoin and Ethereum, where there is a finite amount, that will have value at some point, someday. I don’t know when that will be, it will have value,” Paul said in the interview.

The co-founder of business intelligence firm MicroStrategy, Michael Saylor, is the most well-known Bitcoin whale. Most recently, MicroStrategy added 301 BTC to its balance sheet according to a form 8-k filing with The Security and