Druckenmiller Buys 4.1 Million Bitdeer Shares in Q2, Adds Hyperliquid Strategies Position

ChainCatcher reported that Stanley Druckenmiller, the founder of Duquesne Family Office, bought 4.1 million shares of Bitdeer Technologies Group (BTDR) in the second quarter. The position was worth more than $64.7 million, with an average purchase price of $12.26 per share. Bitdeer makes cryptocurrency mining hardware and operates data centers in the United States and other regions. Druckenmiller also bought 2.9 million shares of Hyperliquid Strategies (PURR), a digital asset treasury company in the HYPE sector. The stake was valued at $23.1 million and gave him indirect exposure to HYPE. Hyperliquid Strategies says it aims to offer U.S. and institutional investors a way to access HYPE-related investments. The report said Jane Street and Citadel also added to BTDR during the same period. Jane Street now holds BTDR shares worth more than $112 million. BlackRock, State Street and Citadel also increased their PURR holdings in the second quarter. HYPE had earlier risen to an all-time high after news of related compliance progress.