{"id":50771,"date":"2021-10-06T16:18:41","date_gmt":"2021-10-06T13:18:41","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=50771"},"modified":"2025-09-02T20:07:58","modified_gmt":"2025-09-02T17:07:58","slug":"soros-family-office-confirms-investment-in-bitcoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/soros-family-office-confirms-investment-in-bitcoin\/","title":{"rendered":"Soros Family Office Confirms Investment in Bitcoin"},"content":{"rendered":"<p>The family office of billionaire George Soros has invested in bitcoin, Dawn Fitzpatrick, chief executive of Soros Fund Management, confirmed in a <a href=\"https:\/\/www.youtube.com\/watch?v=d8XVT6-0apw\">Bloomberg interview<\/a>.<\/p>\n<p>According to her, the company &#8220;has a few coins \u2014 only a little.&#8221; Fitzpatrick described the cryptocurrency as less interesting than the use cases of <span data-descr=\"decentralised finance\" class=\"old_tooltip\">DeFi<\/span> and similar.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;I&#8217;m not sure Bitcoin is viewed as just an inflation hedge. The market capitalisation of cryptocurrencies has surpassed $2 trillion with about 200 million users worldwide, so I think they have moved into the mainstream,&#8221; she said.<\/p>\n<\/blockquote>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">On <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> at $50K, &#8220;(Bitcoin) has crossed the chasm to the mainstream. The coins themselves are less interesting than the use cases like DeFi.&#8221;  Soros Fund Management&#8217;s Dawn Fitzpatrick tells <a href=\"https:\/\/twitter.com\/ErikSchatzker?ref_src=twsrc%5Etfw\">@ErikSchatzker<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BloombergInvest?src=hash&#038;ref_src=twsrc%5Etfw\">#BloombergInvest<\/a> <a href=\"https:\/\/t.co\/ziUfhmDHf3\">pic.twitter.com\/ziUfhmDHf3<\/a><\/p>\n<p>\u2014 Bloomberg Live (@BloombergLive) <a href=\"https:\/\/twitter.com\/BloombergLive\/status\/1445412173631696899?ref_src=twsrc%5Etfw\">October 5, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<p>In June 2021, media reported that Soros Fund Management <a href=\"https:\/\/forklog.com\/en\/news\/media-soros-family-office-allows-traders-to-trade-bitcoin\">allowed clients to trade Bitcoin<\/a> and some other digital assets. Bloomberg reported on such plans as early as 2018.<\/p>\n<p>Earlier, Fitzpatrick <a href=\"https:\/\/forklog.com\/en\/news\/soros-family-office-says-economic-crisis-drives-interest-in-bitcoin\">explained that investor interest in Bitcoin<\/a> was driven by the pandemic and the economic crisis it spawned.<\/p>\n<p>George Soros himself, in early 2018, described cryptocurrency as a classic financial bubble, but predicted that it would not burst, unlike others.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The family office of billionaire George Soros invested in bitcoin, Dawn Fitzpatrick, chief executive of Soros Fund Management, confirmed in a Bloomberg interview.<\/p>\n","protected":false},"author":1,"featured_media":50772,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,2157,1156],"class_list":["post-50771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-george-soros","tag-institutional-investors-and-whales"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/50771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=50771"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/50771\/revisions"}],"predecessor-version":[{"id":50773,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/50771\/revisions\/50773"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/50772"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=50771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=50771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=50771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}