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The sudden collapse of a $20 billion AI fund reveals why Bitcoin is the first thing Wall Street sells when margin calls hit
By Andjela Radmilac at 2026-10-09 00:34
Sentiment: Negative
A $20 billion AI hedge fund gained 439% through June, lost roughly two-thirds of its value in July, and sold most of a $16 billion public-stock portfolio as leverage turned against it. The collapse offers a warning for Bitcoin: when Wall Street needs cash quickly, the first asset sold may not be the one that […] The post The sudden collapse of a $20 billion AI fund reveals why Bitcoin is the first thing Wall Street sells when margin calls hit appeared first on CryptoSlate. Continue reading...
Categories: AI
Tags: #AI #Analysis #Featured #Market #Bitcoin #BTC #margin calls
Source CryptoSlate