Hedging

MSCI

2026-09-30 14:53:47

MSCI launches new AI supply chain indexes for targeted exposure and hedging

MSCI has rolled out a new set of indexes tied to different parts of the AI supply chain, giving investors a more precise way to allocate capital or hedge exposure across the sector, according to Bloomberg. The lineup spans physical infrastructure, digital infrastructure, and the application layer where AI is ultimately put to use, allowing investors to target specific segments instead of taking a single broad bet on the entire AI industry. Jana Haines, head of index at MSCI, said investors are looking for more granular exposure across dimensions such as industry, company size, and country, and want those exposures broken down to fit portfolio needs. The report also noted a key limitation: these indexes do not solve the problem of how ordinary investors, especially those adding AI exposure through retirement accounts, can hedge that risk, since index hedging and speculative strategies are generally not suitable for retail investors. Bain & Company estimates that by 2031, the industry will need to generate $6 trillion in annual revenue to support AI infrastructure now being built, while existing applications may produce only $1.2 trillion, leaving a multitrillion-dollar gap even if new search tools, self-driving cars, and other future applications help close part of it.

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Bitcoin

2026-09-21 13:59:53

Analyst Killa plans to hedge 50% of Bitcoin exposure between $89,000 and $94,000

Analyst Killa said in a post on X that he plans to hedge 50% of his Bitcoin exposure in the $89,000 to $94,000 range. He described the move as his first short position in months. Killa also said that, as he noted 1 to 3 days earlier, he had not intended to short the same prior high while price was consolidating below it. According to his post, the hedge setup would be invalidated if Bitcoin establishes itself above $97,000. The statement outlines a defined price range for the hedge, the size of the position involved, and the condition under which the plan would no longer apply.

300

Cango

2026-09-01 06:25:07

Cango posts $47.4 million in Q2 bitcoin mining revenue, expects AI compute revenue in Q3

Cango Inc. reported unaudited second-quarter 2026 results for the period ended June 30, saying bitcoin mining remained its main source of revenue while the company continued to push an energy-and-AI compute platform strategy. Total revenue came in at $50.8 million, including $47.4 million from bitcoin mining and $3.4 million from other revenue. The company posted a net loss of $81.6 million, which it attributed mainly to non-cash impairment on mining machines and losses on disposals. Operationally, Cango said it produced 656 BTC in the quarter and had total operating hash rate of 27.58 EH/s as of June 30, including 19.84 EH/s self-operated and 7.74 EH/s leased. Average cash cost per bitcoin fell about 5% from the prior quarter to $73,313, according to the company, following fleet optimization and tighter execution. Cango also said it began selectively using hedging strategies to reduce the impact of bitcoin price swings. Management said the company is prioritizing unit economics over scale expansion in mining. CEO Paul Yu said the Georgia site completed its upgrade in early July and now supports up to 3 megawatts, with room for future expansion. Cango said cabinets have been installed, GPU hardware has been purchased and delivered in batches, and customer onboarding is underway at the Georgia site, with revenue expected to be recognized in the third quarter.

800

Bitcoin Minin

2026-08-31 23:38:07

Cango reports $50.8 million in Q2 revenue, holds 1,056 BTC in reserve

Bitcoin mining company Cango Inc. (NYSE: CANG) released its unaudited financial results on Aug. 31 for the second quarter ended June 30, 2026, reporting total revenue of $50.8 million. Of that amount, $47.4 million came from bitcoin mining. The company posted a net loss of $81.6 million, which it said was mainly driven by non-cash impairment on mining machines and disposal losses. CFO Simon Tang separately said the net loss was largely tied to non-cash items. Cango said it held 1,056 BTC as digital asset reserves and carried $31.2 million in long-term debt. Its total operating hashrate reached 27.58 EH/s, including 19.84 EH/s from self-operated capacity and 7.74 EH/s from leased capacity. During the quarter, the company mined 656 BTC. Average cash cost per bitcoin fell about 5% from the prior quarter to $73,313. Cango also said it has started a hedging strategy. CEO Paul Yu said the company is focused on mining unit economics. He added that Cango has completed upgrades at its Georgia site, which can support up to 3 megawatts, and that containerized units have been installed while GPU hardware is arriving in batches. The company plans to launch bare-metal GPU hosting and hosting services, with revenue expected in the third quarter.

770

funding

2026-08-28 10:09:24

City Protocol Raises $11M for On-Chain Treasury With Hedging, Arbitrage and Private Placement

According to a Foresight report, City Protocol has raised $11 million. In a brief funding announcement, the project said it plans to bring hedging, arbitrage and private-placement strategies into an on-chain treasury. Rather than casting the product as just another treasury, City Protocol describes the initiative as putting a “product manual on-chain.” The report was published on Aug 28, 2026, under Foresight's homepage-headline section, and it carried tags for financing, Solana and lending. The announcement is short, but the strategy lineup is explicit: hedging, arbitrage and private placement are the three components that City Protocol intends to move into the treasury structure. That trio is what makes the treasury concept specific, rather than a generic vault. Beyond that, the reported information is limited. It does not include implementation details, network specifics or a launch timeline. What is known so far from the Foresight piece is the $11 million round and the project's stated aim to put the product manual on-chain.

790

Bill Miller I

2026-08-26 01:27:34

Bill Miller IV says investors are rotating from AI into crypto assets

Investor Bill Miller IV said money is shifting from artificial intelligence, or AI, toward cryptocurrencies, pointing to a change in how some market participants are positioning their portfolios. According to the brief carried by Techub News and attributed to Crypto Briefing, Miller said the rotation shows investors are treating crypto assets as a strategic hedge against economic and fiscal uncertainty. The comment frames crypto not simply as a speculative trade, but as part of a broader allocation decision shaped by macro concerns. No additional figures or timeframe were provided in the source item.

730

Hyperliquid

2026-08-21 16:09:41

HPC Says Perpetual Futures Expand Hedging Options, With No Statistically Significant Harm to Benchmark Futures

ChainCatcher reported that the Hyperliquid Policy Center (HPC) has released a new study arguing that perpetual futures widen hedging choices and improve price discovery. The report says it found no statistically significant evidence that perpetuals damage benchmark futures markets. HPC describes perpetuals and dated futures as complementary rather than zero-sum substitutes. The study compares 205 Bitcoin trading weekends and 19 weekend samples of on-chain crude perpetuals (xyz:CL), using the natural experiment created by traditional markets closing over the weekend while perpetual markets keep trading. HPC says dated futures require forced calendar roll costs, while perpetual positions do not face that obligation. It also cites a crude oil weekend repricing case from the week of March 6, 2026, saying a $10 million position’s loss could have been reduced from about $1.58 million to about $62,000, including all costs, through an on-chain crude perpetual hedge.

1080

Goldman Sachs

2026-08-18 11:15:31

Goldman Sachs Says U.S. Stocks May Underprice Tail Risk, Recommends Cheap VIX Hedging

Goldman Sachs’ delta-one trading head Privorotsky said U.S. equities are trading near record highs while financial conditions remain loose, a setup that has dulled market reactions to negative catalysts and left extreme downside risk underpriced. The report points to the VIX near 14 as a relatively cheap way to hedge tail risk, and says investors can keep equity exposure while adding VIX options for protection. Goldman also warns that long-dated Treasury yields remain elevated, which can pressure financing costs and high-valuation assets. In its strategy mix, the bank favors owning nominal assets, avoiding bonds, and using low-cost VIX calls or spreads to build asymmetric protection. It also lists financials, semiconductor capex beneficiaries, industrials, and other pricing-power cyclical names as preferred equity exposures, while suggesting investors avoid bond-like proxies such as staples, telecoms, and some REITs. The report frames the trade as risk management rather than a bearish call on stocks, arguing that low volatility does not mean low risk.

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