Patient Capital Management, an asset management company in Baltimore, USA, stated in a recent filing with the US Securities and Exchange Commission (SEC) that it plans to invest up to 15% of its net assets in various physical Bitcoin ETFs. The Patient Capital Management Opportunity Trust Fund managed by the company holds approximately $1.38 billion in assets, which means that the fund may invest up to $207 million in Bitcoin. The fund stated in its mission statement that it will maintain its Bitcoin investment for a considerable period of time to achieve "long-term excess performance."