Soros Fund Management announced that it has started trading Bitcoin. Has George Soros changed his mind about Bitcoin?

Famous billionaire George Soros said in January 2018 that Bitcoin was a bubble. Looks like he changed his mind after 3.5 years. Soros Fund Management, the family business of George Soros, has decided to start trading Bitcoin (BTC).

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Soros Fund Management CIO Dawn Fitzpatrick says they have started trading Bitcoin (BTC). In March, Fitzpatrick implied that Bitcoin was "at an inflection point" and that cryptocurrencies would decline. After the downturn in the crypto markets, Fitzpatrick's analysis of the markets appeared to be correct.

Soros Fund Management will initially start trading Bitcoin (BTC). It is stated that it can trade in other cryptocurrencies in the future.

Although George Soros called Bitcoin a bubble, he seems to have changed his mind. After Soros Fund Management's decision on cryptocurrencies, the following sentence about George Soros' previous investments comes to mind.

"When I see a bubble forming I rush in to buy, adding fuel to the fire"
George Soros

Soros Fund Management has just announced that they have started trading Bitcoin (BTC), but has not disclosed how much they have invested in BTC so far. Bitcoin declined to $ 28800 in June, and many institutional investors are thought to be buying around this price. According to many financial experts, current prices are an incredible opportunity to invest in cryptocurrencies.

I think a lot of corporate companies have recently invested in cryptocurrencies. In the coming days, it will be announced which corporate companies invest in cryptocurrencies and how much.

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