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 . . .

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