Druckenmiller buys $88M in Bitdeer, Hyperliquid
Stanley Druckenmiller’s Duquesne reported $64.7M in Bitdeer and $23.1M in Hyperliquid Strategies in its Q2 13F filing, about $88M total.
Duquesne Family Office, run by Stanley Druckenmiller, reported roughly $88 million in new digital-asset positions in its Q2 13F filing submitted in August 2026. The filing shows Duquesne bought 4.1 million shares of Bitdeer Technologies (BTDR) valued at $64.7 million at an average price of $12.26 per share, and 2.9 million shares of Hyperliquid Strategies (PURR) valued at about $23.1 million.
Bitdeer is a high-performance computing company that manufactures cryptocurrency mining hardware and operates data centers in the United States and internationally. The company’s Q2 financial results showed quarter-over-quarter reductions in both net and gross loss percentages.
Bitdeer signed a 16-year, $4.7 billion agreement for 121 megawatts of capacity at the Tydal campus in Norway and has begun construction on a Nevada facility planned to produce 10,000 Sealminer units per month by next year.
Hyperliquid Strategies is a vehicle that aims to give institutional and U.S. investors exposure to the HYPE token through staking, yield optimization and active ecosystem engagement, according to the company description in the filing.
The HYPE token reached record highs after a comment from former President Donald Trump that Commodity Futures Trading Commission Chairman Michael Selig was “working to bring Hyperliquid into the United States in a fully compliant and legal fashion.” The remark preceded a rally in PURR of more than 20 percent.
Other major funds increased exposure to the same names in Q2. Jane Street and Citadel raised their Bitdeer holdings, with Jane Street holding more than $112 million of BTDR acquired largely during the quarter. BlackRock, State Street and Citadel also added to PURR positions, according to hedge fund tracking data.
The 13F filing provides a quarterly snapshot of Duquesne’s public-equity holdings as of the end of June. Institutional investment managers must file 13Fs for certain securities if they oversee at least $100 million in qualifying assets.
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