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0.00074850299401196 0.00151197604790412 0.00299401197604784 0.00149700598802392 0.00074850299401196 0.00290419161676648 0.00290419161676648 0.00290419161676648
Stock impact report

Hedge fund manager behind 1,000% stock rally makes bold crypto bet [Yahoo! Finance]

Opendoor Technologies Inc (OPEN) 
Company Research Source: Yahoo! Finance
year, is now betting on a business model that has found detractors among leading providers of stock market indices. Jackson is a tech and media investor who founded a hedge fund called EMJ Capital Ltd. in Canada in 2017 where he serves as president and portfolio manager. The fund uses a proprietary AI/ML-driven algorithm to choose tech equities. The hedge fund manager's bullish comments famously triggered a surge in the shares of the online real estate company called Opendoor Technologies this year. The company's shares have surged more than 1,000% over the last six months. Now, Jackson has bet on the digital asset treasury (DAT) business model. Related: MicroStrategy sends sharp warning letter to MSCI A DAT is a company that holds cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) on its balance sheet, like other companies hold cash on their balance sheets. The business model has been pioneered by companies like Michael Saylor's Strategy (Nasdaq: MSTR). Not only has S Show less Read more
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