Sam Altman Launches Bitcoin Hedge Fund and Bitcoin Insurance, Backed by Meanwhile Investment
Meanwhile Group, which is invested by Sam Altman, has announced the launch of Meanwhile BTC Private Credit Fund LP through its investment management company Meanwhile Advisors. The fund will convert the raised capital into Bitcoin and lend it to institutional clients with good credit ratings, aiming to achieve a conservative yield of at least 5%. In addition, the group’s insurance company has obtained permission from the Bermuda Monetary Authority to introduce insurance policies with Bitcoin settlements.
