Legendary investor Druckenmiller charges into the crypto market—once he makes a move, he buys $88 million
A Wall Street legendary investor and Soros’s protégé, Stanley Druckenmiller, is also here in crypto
The latest 13F filing shows that in Q2 his Duquesne family office initiated a position in Bitcoin miner Bitdeer, buying 4.1 million shares worth $64.7 million at an average price of $12.26—immediately becoming one of the largest holdings in his AI and digital asset portfolio
Even better, he also bought 2.3 million shares of Hyperliquid Strategies—i.e., PURR—spending $23.1 million. The company is essentially a HYPE vault, providing U.S. institutions a channel to indirectly hold HYPE
Together, the two deals total more than $88 million. For ordinary people, it’s astronomical. For this big shot, it’s only a toe-dip
He’s not fighting alone. Jane Street and Citadel also increased their stakes in Bitdeer significantly this quarter. Jane Street alone holds over $112 million—almost all of it bought in Q2
Why have these big names collectively set their sights on Bitdeer? Because it’s not just a mining company. It also signed a $4.7 billion AI compute order from Norway’s Tydal data center for 16 years, and it’s building a factory in Nevada. Next month, it will produce 10,000 Sealminer mining rigs—walking on both legs: mining plus AI
PURR is even more dramatic. After Trump publicly said the CFTC is pushing Hyperliquid’s compliance to enter the U.S., HYPE surged to a historic high. PURR followed with a jump of 20%. BlackRock, State Street, and Citadel have all added as well
The big shots are moving in unison—the signal is very clear: traditional capital is entering the crypto arena the way it does with U.S. stocks, via an indirect route
They used to say crypto is a scam. Now they “vote” with 13F filings—real money and real conviction, far more honest than stubborn talk
So is this a big shot’s bargain buy, or the start of a new round of bag-holding? Chat in the comments. Either way, Wall Street’s quarterly reports are more trustworthy than any analyst’s mouth
Click the profile picture to watch the livestream
Every day, I’ll take you to track institutional capital hotspots—not just what happens in the news, but also the logic and opportunities behind it 👉🦖
#Bitdeer #Institutional Capital
A Wall Street legendary investor and Soros’s protégé, Stanley Druckenmiller, is also here in crypto
The latest 13F filing shows that in Q2 his Duquesne family office initiated a position in Bitcoin miner Bitdeer, buying 4.1 million shares worth $64.7 million at an average price of $12.26—immediately becoming one of the largest holdings in his AI and digital asset portfolio
Even better, he also bought 2.3 million shares of Hyperliquid Strategies—i.e., PURR—spending $23.1 million. The company is essentially a HYPE vault, providing U.S. institutions a channel to indirectly hold HYPE
Together, the two deals total more than $88 million. For ordinary people, it’s astronomical. For this big shot, it’s only a toe-dip
He’s not fighting alone. Jane Street and Citadel also increased their stakes in Bitdeer significantly this quarter. Jane Street alone holds over $112 million—almost all of it bought in Q2
Why have these big names collectively set their sights on Bitdeer? Because it’s not just a mining company. It also signed a $4.7 billion AI compute order from Norway’s Tydal data center for 16 years, and it’s building a factory in Nevada. Next month, it will produce 10,000 Sealminer mining rigs—walking on both legs: mining plus AI
PURR is even more dramatic. After Trump publicly said the CFTC is pushing Hyperliquid’s compliance to enter the U.S., HYPE surged to a historic high. PURR followed with a jump of 20%. BlackRock, State Street, and Citadel have all added as well
The big shots are moving in unison—the signal is very clear: traditional capital is entering the crypto arena the way it does with U.S. stocks, via an indirect route
They used to say crypto is a scam. Now they “vote” with 13F filings—real money and real conviction, far more honest than stubborn talk
So is this a big shot’s bargain buy, or the start of a new round of bag-holding? Chat in the comments. Either way, Wall Street’s quarterly reports are more trustworthy than any analyst’s mouth
Click the profile picture to watch the livestream
Every day, I’ll take you to track institutional capital hotspots—not just what happens in the news, but also the logic and opportunities behind it 👉🦖
#Bitdeer #Institutional Capital