City & Business News

A MYSTERIOUS investor has purchased $344million (£244million) worth of Bitcoin during a period of slumping cryptocurrency prices that gave them a total of 96,650 BTC in their virtual wallet, it has emerged.

By JOSEPH CAREY
01:29, Mon, Feb 19, 2018 | UPDATED: 07:09, Mon, Feb 19, 2018

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A founding partner of hedge fund Tetras Capital, Alex Sunnarborg, stated that the investor is one of many that have chosen to invest in virtual currencies during a period of free falling prices in the hope they rise again.

 

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