Golden Finance reports that the hedge fund Situational Awareness, founded by 23-year-old AI influencer and former OpenAI researcher Leopold Aschenbrenner, has heavily invested in shares of Bitcoin mining company Core Scientific.
According to regulatory filings submitted on Tuesday, the fund disclosed that it has purchased 17.7 million shares of this Bitcoin mining and data center operator, acquiring a 5.8% ownership stake. The fund increased its holdings in Core Scientific from July 18 to August 13.
The fund stated in the document that it acquired these stocks because it believes their valuations are undervalued and represent an attractive investment opportunity. The fund added that it may increase or decrease its holdings in the future based on market conditions, Core Scientific’s performance, or broader industry dynamics.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
