Switzerland-based alternative investment firm Syz Capital announced the re-launch of its Bitcoin Alpha fund, focusing on cryptocurrency, and plans to raise $200 million in Bitcoin. It is reported that the fund has raised about 1800 Bitcoins, with a target of 2000 Bitcoins, and the tentative re-launch date is October 1, 2025. Currently, Syz Capital has assets under management of about $2 billion, and the proposed Bitcoin Alpha fund will target investors holding Bitcoin and looking to use it for market-neutral strategies.
