Fortress invested $20 million in Bitcoin – ValueWalk Premium
Fortress Investment Group

Fortress invested $20 million in Bitcoin

Fortress Investment Group LLC (NYSE:FIG) disclosed that it had purchased $20 million worth of Bitcoins in a recent Securities and Exchange Commission filing (h/t Saumya Vaishampayan at MarketWatch), but its investment has already lost value, dropping to $16.3 million as of December 31, 2013, which means that it’s approaching $10 million now if Fortress has held onto its position (unless they left . . .


This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email or click Chat.

Saved Articles

The top investors are reading ValuewalkPremium.

Click here to learn why