Billionaire George Soros’ Soros Fund Management increased its exposure to some crypto companies toward the end of last year, though the nature of those trades is unclear.
According to a 13F filing with the U.S. Securities and Exchange Commission (SEC) on December 31, the fund purchased $39.6 million worth of convertible bonds from crypto mining company Marathon Digital Holdings.
At the same time, the fund also holds call options and put options on 50,000 shares of MicroStrategy stock and nearly $200 million in MicroStrategy preferred stock. In addition, the fund also holds put options on 100,000 shares of crypto bank Silvergate Bank.
It was previously reported that Soros Fund held Bitcoin during the 2021 bull run. (CoinDesk)
