Reported 15 days ago
Top hedge fund managers are offloading Nvidia shares, which have surged due to AI demand, and pivoting towards the iShares Bitcoin Trust. They believe Bitcoin could skyrocket as much as 77,675% in the coming decades, driven by factors like institutional investment inflow from newly approved ETFs and reduced supply due to halving events. Despite this shift, these billionaires still maintain some stake in Nvidia, indicating a diversified approach to maximizing profits in a volatile market.
Source: YAHOO