Ruffer Investment Allocated 2.5% of Multi-Strategies Fund to Bitcoin in November

Correction (Dec. 15, 18:49 UTC): Ruffer allocated 2.5% of its multi-strategies fund to bitcoin, not 2.5% of its total AUM, as was previously reported. The total allocation is worth roughly $15 million.

Ruffer Investment Company sent a short update to shareholders notifying them of the company’s allocation to bitcoin.

Update (Dec. 15, 18:41 UTC): Updated to fix typographical error reflecting that bitcoin gained 40% in November, not $40.