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How did a $45 billion AI fund that was both long and short still lose about 67% in a single month?
The fund is managed by 24-year-old former OpenAI researcher Aschenbrenner. Its portfolio looks hedged: long SK Hynix and AI computing companies like CoreWeave, and short software companies like Adobe that could be replaced by AI.
The problem is that both sides were actually betting on the same thing: AI would win.
When the AI trade was hot, computing stocks rose and software stocks fell, so both sides made money. When that view reversed across the board in late July, semiconductors began to fall,
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Strive bought another 469 $BTC for $36.6M, pushing its Bitcoin treasury to exactly 25,000 BTC as of September 11.
The average purchase price? $77,954 per BTC. And this wasn't a one-off.
Strive has been aggressively building its treasury:
• 1,800 BTC added in late August
• 1,375 BTC purchased afterward
• 469 BTC in the latest deal
The company has now grown from 14,557 BTC in April to 25,000 BTC.
CEO Matt Cole summed up the milestone: "Wall-breaking season at Strive."
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ASST-1.55%
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#Bots I'm trading LSKUSDT with the Futures DCA bot on Gate. Join me!
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These past few days, I’ve almost started treating the police station as home 🤡
Should good people be the ones held at gunpoint?
For anyone who
lost money trading on this aiw3 project
whether on-chain or on an exchange
I saw that Aster also got involved in this project
Add me
I’ll bring you into the victims’ group
As long as you provide the on-chain transaction txns and wallet
or the records of losing trades on Aster
if you lost money after buying because some KOL called for the trade
I can help you recover your losses
If you think it would take too much time
I’ll personally compensate you for
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#Gate广场中秋团圆局
#Gate广场中秋团圆局
NVIDIA's Hugging Face acquisition looks much bigger when the deal is viewed through the numbers rather than the headline. NVIDIA has agreed to acquire Hugging Face for $12.9303 billion, creating one of its most significant moves beyond traditional AI hardware. The transaction is not simply about adding another software company; it is about gaining deeper exposure to the ecosystem where developers build, share, test and deploy AI models. NVIDIA announced the agreement on September 3, 2026.
① $12.93B — The Size of the Bet
The first number explains the scale of NVIDIA'
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The Doubao phone once again lives up to expectations.
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UNI5L/USDT DUMP RIGHT NOW ✅️
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🔹Even a BTC Rebound Can’t Bring Miners Back! More Bitcoin miners are pivoting toward AI. Is their i
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LIVE3,170
Layout for Bitcoin, Ethereum, and Dogecoin
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The Ethan about to rug $drake
AgB5SxiP1DFZbW9uDAH7s8Mhv1HF21nJv67tnAAYpump
#crypto
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SPDR Gold Trust Holdings Increase by 2.852 Tons Yesterday to 1,050.277 Tons
The SPDR Gold Trust (GLD), the world's largest gold-backed exchange-traded fund, reported an increase in its holdings of 2.852 tonnes on September 15, 2026, bringing its total gold reserves to 1,050.277 tonnes, up from 1,047.425 tonnes the previous day. The inflow into gold contrasts sharply with the significant outflows from Bitcoin and Ethereum spot ETFs on the same day, highlighting a clear rotation by institutional investors toward traditional safe-haven assets amid rising geopolitical tensions and hawkish Federal
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#Gate广场中秋团圆局
#AAPL
Apple's next stock move is becoming less about simply selling another iPhone and more about proving that its pricing power can absorb a much more expensive hardware cycle. AAPL recently moved above the $330.81 technical buy point and is now trading around the $330 area, while $344.57 remains an important previous high and technical reference. The chart is therefore sitting at a decision point: can the new product cycle create enough fundamental momentum to push Apple toward a fresh high, or will higher component costs force the market to reassess margins first?
The bigge
AAPL+0.65%
DRAM+2.00%
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Fuck, what happened 🤔 Did my buddy just get liquidated by dozens all at once?
🔥 ANOTHER COMMUNITY WIN
One of our community members just got 352.8 USDT PROFIT SHARE APPROVED from @propfundedai
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$BR Too terrifying—up and down, all completed within 1 minute.
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🚨 Fed Decision Today
The market is waiting for the Fed rate decision.
Markets are pricing a high chance of a rate hike, while the year-end dot plot will be closely watched.
Meanwhile, the CLARITY Act failed to pass, adding more pressure to crypto sentiment.
BTC briefly dropped below $75K, and meme coins also pulled back.
Now, all eyes are on the Fed. 👀
#Fed #Bitcoin #ShareWeekly #WhereToParkStablecoinsWhileWaiting $BTC
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🔥 The decisive Fed showdown! At 2 a.m. tonight, global markets will be watching the Federal Reserve closely!
I also told everyone the target in the previous post. Now let’s talk about the key points of this Fed meeting:
1. This rate hike is basically an “open secret”
The previous reading was 3.75%, while expectations jumped directly to 4%.
What does that mean? The market is almost 100% certain that the Fed will raise rates by 25 basis points tonight.
It’s like the weather forecast says there will be a torrential downpour today, so everyone has brought an umbrella. Therefore, the rate hike its
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Some technical analysis sees BTC’s next target at $72,500.
The basis is that the Aroon indicator has turned bearish, while there is a dense liquidation zone near the price. Once that level breaks, it could easily trigger a second leg of selling in the same direction. The Senate’s rejection of the CLARITY Act has already caused BTC to fall back to around $75,500.
Indicators only reflect probabilities, not predictions. But the combination of “bearish indicators + dense liquidations” at least suggests that chasing longs in the short term offers an unfavorable risk-reward ratio.
Click the Gate gro
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ethereum:native is retracing into the breaker resistance.
No short setup yet.
Break and hold below $2,380, and I will consider a short.
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Are you buying every small $BTC pump?
A few months ago, we had the opportunity to buy some more and it went up with the market price and now it’s back down again. Time will tell whether we will get the same price again and the next bull cycle.
#Btc$BTC
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