IREN, Core Scientific and more surge as Aschenbrenner fund reportedly liquidates $1 billion AI infrastructure portfolio
IREN, Core Scientific and more surge as Aschenbrenner fund reportedly liquidates $1 billion AI infrastructure portfolio
Shares of IREN, CleanSpark, Core Scientific, Riot Platforms, Bitdeer and HIVE Digital surged by as much as 27% amid news that Situational Awareness, the hedge fund founded by Leopold Aschenbrenner, had liquidated its public-stock portfolio.Situational Awareness’s most recent 13F filing showed positions in all six companies as of March 31, reflecting the fund’s sizable bets across bitcoin mining and AI data infrastructure.