Pythagoras Crypto Fund Returns Surpass Bitcoin's Gain, Reaching 230%

Pythagoras Investment Management's Alpha Long Biased strategy is up about 230% year to date, or 206% after fees. Pythagoras' Bitcoin-beating fund, which holds about $5 million in assets, is the smallest of four strategies run by Mitchell Dong of the roughly $130 million his firm manages. The Alpha Long Biased strategy has several components, with a third of its core holdings in Bitcoin itself, a third using a trend-following strategy and the rest using a long-short strategy. (Bloomberg)