bitcoinmagazine.com (nprofile…6atj)
✍️ Peter Schiff, a well-known gold evangelist and fund manager, has been revealed to have his firm, Euro Pacific Asset Management, indirectly invested in a bitcoin-backed bond.
👉 Peter Schiff's firm, Euro Pacific Asset Management, has indirectly invested in a bitcoin-backed bond
👉 The bond is issued by Samara Asset Group and has a 10.062% annual coupon
👉 The bond is secured by an overcollateralized portfolio of tech investments and bitcoin reserves
👉 Euro Pacific's holding in the bond represents about 1.58% of its net assets
👉 This revelation is ironic given Schiff's long-standing criticism of bitcoin
#PeterSchiff #Europe #technology
quotingbitcoinmagazine.com (nprofile…6atj)
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Bitcoin Magazine Peter Schiff’s Bitcoin Bond Secret: The Gold Bug Caught Holding ‘Digital Gold’ Peter Schiff’s fund—despite his anti-Bitcoin rants—unknowingly invested in a Bitcoin bond, tying him to the very asset he swore off. This post Peter Schiff’s Bitcoin Bond Secret: The Gold Bug Caught Holding ‘Digital Gold’ first appeared on Bitcoin Magazine and is written by Allen Helm.
https://bitcoinmagazine.com/culture/peter-schiffs-bitcoin-bond-secret-the-gold-bug-caught-holding-digital-gold