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This Hedge Fund Now Has a 1,000x Profit on Bitcoin

Dan Morehead's Pantera Capital Management was one of the first funds to get into bitcoin (BTC) back in July 2013.

Nov 26, 2024, 8:12 p.m.
Dan Morehead, CEO of Pantera Capital, told his team in 2013 that bitcoin would "squeeze up like a watermelon seed.” (Getty Images)
Dan Morehead, CEO of Pantera Capital, told his team in 2013 that bitcoin would "squeeze up like a watermelon seed.” (Getty Images)