A hedge fund run by Bill Miller now has about 30% of its assets in Bitcoin, comparing to 5% last year, according to the wsj.com interview with the legendary investor.
Thus, as the interview details, the fund (MVP 1) bought its Bitcoin for an average $350 each. With Bitcoin trading around $6,100 Monday, that means the fund's digital currency investments have soared more than 1,600%.
As Miller claims, he isn't buying more Bitcoin for the fund at current prices, but he would be willing to "put 1% of my liquid net worth in it here" if he didn't already own Bitcoin in his personal account.
Bitcoin charts on coinmarketcap.com
Meanwhile, Bitcoin is at the best of times with its price over around $6,150 and a marker cap of $102,438,163,350.