Categories: Crypto Freedom News

Multicoin Capital’s Hedge Fund Lost 91.4% Last Year, Investor Letter Reveals

[ad_1]

Despite the massive drawdown, Multicoin’s hedge fund remains up 1,376% net of fees from its inception through 2022. As the broader crypto market rebounded from last year’s lows, Multicoin reported that the fund gained 100.9% in January 2023, bringing the fund’s inception-to-January return to 2,866%.

[ad_2]

Source link

PrepTeam

Share
Published by
PrepTeam

Recent Posts

Dear Diary, It’s Me, Jessica: Part 16

[ad_1] If you're new here, you may want to subscribe to my RSS feed. Thanks…

3 weeks ago

Google Faces Lawsuit After $5M in Crypto Stolen via Play Store App

[ad_1] A Florida woman, Maria Vaca, has sued Google in a California state court, alleging…

3 weeks ago

All About Water Purification: A Complete Tutorial

[ad_1] You may need to purify water to make it safe to drink. The process…

3 weeks ago

Protocol Village: Quai Releases Mainnet-Compatible Devnet, Crunch Lab Raises $3.5M

[ad_1] The latest in blockchain tech upgrades, funding announcements and deals. For the period of…

3 weeks ago

The Grim New Daily Life in Venezuela

[ad_1] If you're new here, you may want to subscribe to my RSS feed. Thanks…

3 weeks ago

World’s 3rd largest public pension fund buys $34M MicroStrategy shares

[ad_1] The third-largest public pension fund in the world has just bought nearly $34 million…

3 weeks ago