Alternative Investment Posts
BlockTower Capital’s hedge fund of cryptocurrencies was trudging along. Then, unexpectedly, it more than doubled its returns this year as most investors and companies languished from the coronavirus-stricken economic downturn.
The fund – loaded at its August 2017 inception with $140 million in assets – has returned 33% in just the first four months of 2020, two BlockTower investors said. The four-month return beat in that period bitcoin (up 20%, according to the CoinDesk Bitcoin Price
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