Citadel Unwinds 80% of Situational Awareness Risk After Bitcoin Miner Selloff
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Citadel has unloaded more than 80% of the risk it took on from Leopold Aschenbrenners Situational Awareness portfolio, easing a major source of selling pressure on Bitcoin mining stocks. The AI-focused fund, managed by former OpenAI researcher Aschenbrenner, surged 439% during the first half of 2026 before suffering a dramatic reversal.
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