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Meet two of the world's largest cryptocurrency holders

Three Arrows Capital owns a 5.6 percent stake in the Grayscale Bitcoin Trust, a $22 billion fund, Bloomberg reported

May 27, 2021 / 04:38 PM IST
Bitcoin (Representative Image)

Bitcoin (Representative Image)

Kyle Davies and Su Zhu, former traders with Credit Suisse, are among the world's biggest cryptocurrency holders with a portfolio worth billions of dollars.

The pair, who were high school classmates, together run a firm called Three Arrows Capital.

Amid environmental concerns over mining, regulatory scrutiny and Elon Musk's tweets, the price of bitcoin has seen some swings recently.

Also read: Want to invest in Bitcoin, Dogecoin and Ethereum? Here's how you can dabble in cryptocurrencies