Bitcoin Returns Mirror Collapsed Hedge Fund: Expert
Investor and market strategist Jordi Visser recently compared Bitcoin's (BTC) return profile to Leopold Aschenbrenner's AI-focused hedge fund, Situational Awareness. At its peak, Situational Awareness was nearly $45 billion in size and employed as much as 400% leverage before it collapsed.
Visser noted that both Bitcoin and Situational Awareness experienced significant drawdowns early on, with the latter giving up 70-80% of its gains. He attributed this similarity to the extreme volatility associated with these assets.
'Arguably, Bitcoin is the best hedge fund ever,' Visser said, referencing the cryptocurrency's ability to compound despite corrections. He also predicted that AI agents will drive Bitcoin adoption 'through the roof' as they start allocating on behalf of investors with zero crypto exposure.