Fortress Investment Group

Investor Fortress Raises Buyout Offer for Mt. Gox Creditor Claims by 71%

Fortress is now offering creditors a "premium price tier" of $1,300 on every bitcoin held by the defunct exchange's estate.

Business  ·  20 February 2020

Investor Fortress Will Buy Mt Gox Creditor Claims for $900 Per Bitcoin

Former Mt Gox customers can recoup $900 per bitcoin owed by selling their claims to Fortress Investment Group.

Markets  ·  8 July 2019
Ether

Hedge Fund Billionaire Invests 10% Net Worth into Bitcoin and Ether

A hedge fund billionaire reportedly called bitcoin and ether the "best investments" of his storied career at an event on Wednesday.

Business  ·  21 April 2017
Venture Capital

Fortress CIO Mike Novogratz Explains Why He is Bullish on Bitcoin

The human capital heading into bitcoin gives the Fortress Investment Group CIO confidence in the cryptocurrency, he says.

Business  ·  6 May 2014
Exchanges

Fortress, Benchmark and Ribbit Team up with Pantera for Bitcoin Fund

Four major investment firms have teamed up to launch a bitcoin investment fund.

Business  ·  19 March 2014
Exchanges

Bitstamp Got $10 Million From Fortress-Linked Hedge Fund

Top bitcoin exchange Bitstamp received $10m from hedge fund Pantera Capital Management last year, Bloomberg has claimed.

Business  ·  17 March 2014
Venture Capital

Xapo Raises $20 Million for ‘Ultra-Secure’ Bitcoin Storage

Helmed by Lemon founder Wences Casares, Xapo raised $20m as part of its first funding round.

Business  ·  13 March 2014
Investors

Fortress May be First Public Company to Own Millions of Dollars in Bitcoins, Discloses $20m Worth

According to a SEC regulatory filing, Fortress Investment Group reported a $3,702,000 loss on its bitcoin investments.

Markets  ·  28 February 2014