Multicoin Capital Management, LLC

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Multicoin Capital Management, LLC maintained a portfolio of 4 distinct positions. The most significant new addition to the portfolio was BITWISE SOLANA STAKI, which now represents 27.09% of the total fund value. The fund also reduced its exposure to GRAYSCALE BITCOIN TR by 77.1%.
PCA Score Concentration Risk
Risk ENB
Total Positions
4
Quarter
2025 Q4
Top Holding
FORD (45.9%)
Top 10 Concentration
100.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-4 of 4
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
FORD
FORWARD INDS IN...
Unknown 45.91% 51.86% #1
Prev: #1
10.0 no change no change
P
S
7,947,843 $52,535,242 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BSOL
BITWISE SOLANA ...
ETF 27.09% #2
Prev: #—
10.0 1,890,000 no change
NEW
1,890,000 $30,996,000 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GBTC
GRAYSCALE BITCO...
ETF 18.06% 43.26% #3 1
Prev: #2
7.5 -1,019,557 -77.1%
P
S
302,251 $20,661,878 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
BTC
GRAYSCALE BITCO...
Unknown 8.95% 4.88% #4 1
Prev: #3
3.6 no change no change
P
S
264,361 $10,238,702 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-4 of 4 holdings

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