Amid the unfettered frenzy of last year’s Bitcoin treasury trade, David Bailey managed to raise $710 million to build what he called a Bitcoin treasury dynasty. Nine months and one implosion later, he’s using the carapace of that company to buy two other businesses — from himself. Nakamoto Inc., the publicly traded Bitcoin treasury company that Bailey founded in 2025, announced on Monday it will acquire BTC Inc — which owns Bitcoin Magazine and runs the Bitcoin Conference — along with UTXO Management, a ...

Core Viewpoint - Hedge funds have made a £100 billion bet on UK gilts, raising concerns from the Bank of England about potential risks to financial stability due to increased borrowing and trading activities [1][2]. Group 1: Hedge Fund Activities - As of the end of November, hedge funds borrowed £99.9 billion from banks to reinvest in gilts, marking a tenfold increase from just over a year ago when the figure was less than £10 billion [5]. - Hedge funds now account for one-third of all gilt trades, up from 15% a few years ago, indicating a significant increase in their market involvement [4]. - A small number of predominantly US hedge funds are responsible for 90% of all net borrowing, raising alarms about concentrated risk in the market [6]. Group 2: Regulatory Concerns - The Governor of the Bank of England has indicated that volatility in the bond market is unavoidable, with hedge fund trading posing risks to the financial system due to less regulatory scrutiny compared to banks [2]. - Hedge funds have opposed regulatory proposals aimed at limiting their risk-taking on gilts, arguing that stricter rules could lead them to avoid UK debt, potentially increasing the Treasury's borrowing costs [2]. - Economists have drawn parallels between the risks in the UK and the US, where hedge funds' exposure to US Treasuries increased significantly between 2017 and 2019 [7]. Group 3: Market Dynamics - Hedge funds leverage the risk-free status of gilts to borrow large amounts, sometimes up to 100 times their capital, to profit from small price differences in bonds [4][5]. - A sudden economic or financial shock could lead to "fire sales" in gilts, which may destabilize financial markets [6]. - Historical context shows that during the onset of the pandemic in March 2020, hedge funds unwound significant leveraged bets, contributing to market volatility [8].

Core Insights - Costco has started selling 1-ounce gold bars, with prices for the PAMP Suisse and Rand Refinery bars at $1,979.99 and $1,949.99 respectively in late 2023, indicating strong initial demand [2] - By December 2025, the price of the PAMP Suisse bar surged to $4,119.99, reflecting a 108% increase, while the broader gold market rose approximately 65% during the same period [3] - The demand for gold remains robust, with Costco implementing purchase restrictions of one transaction per membership and a maximum of four units per 24 hours [4] Industry Trends - Gold is increasingly viewed as a means to preserve purchasing power and a safe haven during economic and geopolitical uncertainties, leading to heightened investor interest [5] - Current market conditions, characterized by tariff uncertainties and rising deficits, have contributed to gold's status as a strong investment option [6] - Experts, including Ray Dalio, emphasize the importance of gold in investment portfolios, especially during turbulent times, with gold prices peaking at $4,371.78 per ounce in October [7]

CQS founder Michael Hintze’s new hedge fund is at risk of footing the bill for historic taxes at his former firm https://t.co/JraJsrVKdt ...

Alex Silverstein, one of Point72 Asset Management’s star traders, is leaving to launch his own hedge fund and has secured the largest initial backing the firm has ever granted to a departing trader. https://t.co/4ZUtwd7Yor ...

Whitehaven Asset Management, a hedge fund focused on municipal and corporate bonds, will return investors’ money and become a family office, according to managing partner Scott Richman https://t.co/ymkoK49uC0 ...

Ken Griffin’s Citadel is establishing an office in Dubai, becoming one of the last major hedge fund holdouts to set up shop in the United Arab Emirates https://t.co/YS9NnM2Zds ...

Global multistrategy hedge fund firm Qube has signed the second-largest prime office lease in Hong Kong’s Central business district in more than a decade https://t.co/gJf4lTrzfH ...

Jack Woodruff, a former Citadel trader who started Candlestick Capital in 2019, is winding down the hedge fund https://t.co/3L2JO6ilvb ...

wow!MaxBid24 (@MaxBid24):@Evan_ss6 Most of you wouldn’t make it past the first-round interview at a major investment bank, let alone PE or a hedge fund.You punted some crypto in a bull market, made a bag, and now think you’re a genius. You were mostly lucky. ...