Stanley Druckenmiller Invests $87.8 Million in Bitdeer and Hyperliquid Strategies Shares

In the second quarter, Stanley Druckenmiller purchased 4.1 million shares of Bitdeer Technologies Group (BTDR), with a holding value exceeding $64.7 million and an average purchase price of $12.26. Bitdeer produces cryptocurrency mining hardware and operates data centers in the U.S. and other regions. At the same time, Druckenmiller bought 2.9 million shares of Hyperliquid Strategies (PURR), with a holding value of $23.1 million, indirectly gaining exposure to HYPE. Hyperliquid Strategies provides investment channels related to HYPE tokens for U.S. and institutional investors. Druckenmiller's actions are similar to those of Jane Street and Citadel, which also increased their holdings in BTDR during the same period; Jane Street currently holds over $112 million worth of BTDR shares. BlackRock, State Street, and Citadel also increased their PURR holdings in the second quarter, with HYPE reaching an all-time high due to related compliance progress.

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