Paul Tudor Jones is a renowned American hedge fund manager and founder of Tudor Investment Corporation, a leading asset management firm. He is widely recognized for his macroeconomic trading strategies and has been a prominent figure in the financial industry for decades.

Bitcoin Position:

Jones has been an advocate for Bitcoin, viewing it as a hedge against inflation and a valuable asset in the current economic climate. In recent developments, his firm, Tudor Investment Corporation, significantly increased its holdings in Bitcoin-related financial instruments. As of September 30, 2024, the firm held over 4.4 million shares in BlackRock’s iShares Bitcoin Trust ETF, a substantial increase from the 869,565 shares reported in June. This investment was valued at approximately $230 million at the end of September.

Notable Quotes:

• In an October 2024 interview with CNBC, Jones stated, “I think all roads lead to inflation. I’m long gold, I’m long Bitcoin.”

• He further emphasized his investment strategy by saying, “I probably have some basket of gold, Bitcoin, commodities and NASDAQ [technology stocks] and I would own zero fixed income.”

These statements reflect Jones’s belief in Bitcoin’s potential as a store of value and its role in hedging against inflationary pressures.