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Mon, Feb 8, 2021 4:01 PM by Coinfomania

Bill Miller’s Opportunity Fund To Invest $337 Million In Grayscale Bitcoin Trust

Famous American investor, Bill Miller, will further his foray into the Bitcoin (BTC) ecosystem as one of his flagship investment funds, the Miller Opportunity Trust may indirectly invest in the digital asset through the Grayscale Bitcoin Trust (GBTC).  According to a filing with the U.S. Securities and Exchange Commission (SEC) as published by Bloomberg today, the fund will be restrained from making further investments if its exposure in the cryptocurrency tops an aggregate of 15% of its assets.  As of December 2021, the Miller Opportunity Trust has a total of $2.7 billion worth of assets under management (AUM), which implies that the

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