Brazilian hedge fund Verde Asset Management, led by veteran Luis Stuhlberger, has reportedly invested in Bitcoin ahead of the recent U.S. elections.

The firm, recognized as one of Brazil's prominent hedge funds, established a small position in Bitcoin prior to the November 5 vote, taking advantage of the market's reaction to President-elect Donald Trump's anticipated return to the White House.

Alongside its Bitcoin investment, Verde has also increased its short position against the Chinese yuan, indicating a broader strategy to navigate potential market shifts following the election results.

The specific size of Verde's positions in both Bitcoin and the yuan has not been disclosed, but the moves reflect a proactive approach in a volatile financial landscape.