Hedge fund billionaire Paul Tudor Jones says he has no plans to let go of his Bitcoin (BTC) allocation despite the crypto king’s bearish price action over the past year.
In a new CNBC interview, the legendary investor says that Bitcoin is by far his longest bet.
In May 2020, Paul Tudor Jones revealed that he has allocated 1% to 2% of his multi-billion-dollar portfolio to Bitcoin. According to the billionaire, he will continue to hold on to his Bitcoin positions due to BTC’s unique value proposition.
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“I’ve never sat on a horse that long… From the beginning, I’ve always said I want to have a small allocation to [Bitcoin] because it’s a great tail event. It’s the only thing that humans can’t adjust the
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