george soros bitcoin | BTCC Knowledge

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Is George Soros investing in Bitcoin?

The investment firm of hedge fund legend George Soros is actively trading bitcoin, after its chief investment officer Dawn Fitzpatrick gave the green light to get involved with digital currencies, The Street reported on Wednesday. Soros Fund Management has been looking at investing in cryptocurrencies since 2018.

What does George Soros think about digital currencies?

One reason people want to know what Soros thinks about the ever-evolving world of digital currencies is that the 91-year-old has earned a reputation as the premier currency speculator in the world. Another reason is a fear that he and his firm might go short on Bitcoin, which is essentially betting that the leading cryptocurrency will lose value.

Does Soros Fund Management own a lot of coins?

It’s crossed the chasm to mainstream,” said Dawn Fitzpatrick, CEO and chief investment officer of Soros Fund Management, in an interview at the Bloomberg Invest Global Summit late Tuesday. Fitzpatrick told Bloomberg that Soros Fund Management owns “some coins…but not a lot.”

Are some business leaders reluctant to embrace bitcoin?

Still, several prominent business leaders and investors have expressed reluctance to embrace bitcoin and other cryptocurrencies. Mega-billionaire Warren Buffett continues to criticize bitcoin. And so did JPMorgan Chase (JPM) CEO Jamie Dimon in a recent appearance on the Axios HBO TV show.