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Billionaires trading safe Amazon for wild crypto

6h

Two hedge fund billionaires made waves in the third quarter by selling Amazon shares and pouring money into a BlackRock managed Bitcoin ETF. Philippe Laffont of Coatue Management and Steven Schonfeld of Schonfeld Strategic Advisors both reduced Amazon holdings while significantly increasing positions in the iShares Bitcoin Trust, a move that raises questions about what […]

The postBillionaires trading safe Amazon for wild cryptoappeared first onRolling Out.

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