Stanley Druckenmiller’s Family Office Discloses $88 Million in New Crypto-Related Stock Positions
Billionaire investor Stanley Druckenmiller’s Duquesne Family Office added nearly $88 million in cryptocurrency-related equity exposure during the second quarter of 2026, according to its latest regulatory filing.
The firm’s Form 13F, filed with the Securities and Exchange Commission in August, showed a new position of approximately 4.1 million shares in Bitdeer Technologies Group. The holding was valued at more than $64.7 million as of June 30.
Bitdeer, which trades on Nasdaq under the ticker BTDR, operates cryptocurrency mining data centers and manufactures specialized mining equipment. The company has also been expanding into high-performance computing infrastructure intended to serve the artificial intelligence industry.
Portfolio tracker HedgeFollow estimated that Duquesne acquired its Bitdeer shares at an average price of approximately $12.26. That figure is an estimate based on market activity because quarterly 13F filings disclose the number and value of securities held at the end of a reporting period, not the precise timing or price of each transaction.
Bitdeer’s recently released second-quarter results showed sequential improvement in its gross and net losses. The company has also announced a 16-year artificial intelligence computing agreement valued at approximately $4.7 billion. The arrangement involves 121 megawatts of capacity at Bitdeer’s Tydal data center campus in Norway.
Meanwhile, construction has begun on a manufacturing facility in Nevada where Bitdeer plans to produce its Sealminer cryptocurrency mining machines. The company is targeting monthly production capacity of 10,000 units by 2027.
Duquesne was not alone in increasing its exposure to Bitdeer. Regulatory filings indicate that Jane Street and Citadel also expanded their BTDR positions during the second quarter. Jane Street’s reported stake was valued at more than $112 million, with most of that position established during the period.
Druckenmiller’s family office made another new investment offering indirect exposure to digital assets.
Duquesne disclosed ownership of approximately 2.94 million shares of Hyperliquid Strategies, valued at roughly $23.15 million at the end of June. The Nasdaq-listed company trades under the ticker PURR and operates as a corporate treasury vehicle centered on HYPE, the native token of the Hyperliquid ecosystem.
Rather than purchasing HYPE directly, investors in PURR gain equity exposure to a company that accumulates and stakes the token. Hyperliquid Strategies seeks to generate returns through staking income, yield management and participation across the broader ecosystem.
Hyperliquid operates a decentralized trading platform known primarily for perpetual futures, though its markets have expanded to include exposure tied to other financial assets and commodities.
Interest in the ecosystem increased further after President Donald Trump said Commodity Futures Trading Commission Chairman Michael Selig was working to make Hyperliquid available in the United States through a fully legal and compliant framework.
HYPE reached record levels following Trump’s remarks, while shares of Hyperliquid Strategies gained more than 20%. Institutional investors including BlackRock, State Street and Citadel also reported PURR holdings during the second quarter, according to HedgeFollow.
The disclosures do not necessarily mean Druckenmiller has embraced cryptocurrencies as a standalone asset class. Both investments involve publicly traded operating companies rather than direct purchases of bitcoin or HYPE.
Still, the combined positions indicate that Duquesne sees potential in businesses connecting digital assets with institutional markets, artificial intelligence infrastructure and regulated US equities.
For an investor celebrated for identifying major macroeconomic shifts, the new holdings represent a notable—if indirect—move into the expanding digital-asset economy.