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GoldenTree Hedge Fund Buying Bitcoin
Bitcoin News now admin /

GoldenTree, run by Founder and Chief Investment Officer Steven Tananbaum, has added bitcoin to its balance sheet, The Street reported earlier today.

GoldenTree, with $41 billion in assets under management, is one among a growing number of traditional hedge funds purchasing bitcoin.

According to The Street, GoldenTree has purchased bitcoin to diversify the conservative, debt-based strategies it has used in the past. The primary sources of this information chose to remain anonymous while reporting the sensitive business information to The Street.