John Paulson Increases Stake in Gold and Tech Sectors
- Billionaire John Paulson invested $33.72 million in International Tower Hill Mines Ltd. (THM).
- Paulson & Co.’s stake in THM increased by over six million shares, totaling more than 70 million shares.
- The firm now holds a 37% ownership in the gold mining company.
- Paulson also acquired $23.73 million worth of Alphabet Inc. (GOOGL) shares, totaling 126,000 shares.
- Gold prices have surged past $3,000 an ounce amid economic uncertainty and trade tensions.
John Paulson’s recent investments highlight his strategy of balancing safe havens like gold with growth assets such as technology, as evidenced by his substantial stakes in both International Tower Hill Mines and Alphabet Inc.
Source (2.6)https://dailyhodl.com/2025/03/16/billionaire-hedge-fund-manager-pours-33720000-into-soaring-asset-adds-new-stake-in-google/?rand=59076
