🚨 Multicoin just confirmed $HYPE is their biggest position
In a Bloomberg interview, GP Spencer Applebaum said $HYPE is currently Multicoin’s largest hedge fund holding and they bought it all in the public markets.
The $2.7B firm is also sitting out the AI frenzy that’s sweeping through other crypto VCs. No plans to expand into standalone AI or robotics. They’re staying focused on digital assets only.
Interesting stance while everyone else is chasing AI narratives.
#BitcoinReboundsAbove$82,000
In a Bloomberg interview, GP Spencer Applebaum said $HYPE is currently Multicoin’s largest hedge fund holding and they bought it all in the public markets.
The $2.7B firm is also sitting out the AI frenzy that’s sweeping through other crypto VCs. No plans to expand into standalone AI or robotics. They’re staying focused on digital assets only.
Interesting stance while everyone else is chasing AI narratives.
#BitcoinReboundsAbove$82,000