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The 30-year-old man turned $225 million into $5.5 billion in just 12 months while quietly accumulating a stock that almost NO ONE is talking about anymore.
His name: Leopold Aschenbrenner.
A former researcher at OpenAI, he launched the Situational Awareness LP fund in September 2024.
Result: +47% PURE performance in the first half of 2025.
His belief?
AI will trigger the building of the largest infrastructure in human history…
…and the market still hasn’t priced in this scenario.
In his latest 13F filings, a position has returned quarter after quarter:
HUT 8.
And in Q4 2025, he increased the position by another +43%.
Why?
Because Hut 8 is becoming something much bigger than just a Bitcoin miner.
The company has quietly signed TWO massive AI infrastructure contracts in the U.S.:
• A 15-year lease worth $7 billion at a campus in Louisiana.
End customer: Anthropic.
Financial backing: Google.
- A second 15-year lease worth $9.8 billion announced this week in Texas with an “investment-grade” tenant.
Total contract value secured:
$16.8 billion.
And with renewal options?
Over $42 billion in potential.
Meanwhile, Hut 8’s current market value is still only a SMALL FRACTION of these numbers.
And that’s not all.
The company also holds:
• +16,000 BTC
• A $200 million credit line with a fixed interest rate of 7%
A completely optional position that the market is severely undervaluing.