Aurelius Capital Management, LP

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Aurelius Capital Management, LP reported 9 stock positions worth $55.2 million. Its top holding was Bitfarms Ltd./Canada (BITF) at 34.4% of the portfolio, followed by Core Scientific (CORZ, 15.3%) and Cipher Digital (CIFR, 11.4%). Compared with Q2 2025, it opened 6 new positions, sold out of 1, added to 1 and reduced 2. The biggest buy was a new position in Bitfarms Ltd./Canada (BITF) and the biggest sale USA Today (TDAY, shares −51%).

Most Recent 13F
Q3 2025
Location
New York, NY
CIK
0001362948
Portfolio Value
$55.2M (Q3 2025)
SEC Filing
0001172661-25-004781 ↗ filed Nov 13, 2025

Holdings Value

0$20.0M$40.0M$60.0M Q4 2024: $17.9M Q4 2024 Q1 2025: $9.5M Q1 2025 Q2 2025: $14.7M Q2 2025 Q3 2025: $55.2M $55.2M Q3 2025

Holdings 9 stocks · $55.2M

BITF Bitfarms Ltd./Canada 34.42% 6,737,261 $19.0M New
CORZ Core Scientific Inc. 15.31% 470,965 $8.4M Add +7.4%
CIFR Cipher Digital Inc. 11.40% 500,000 $6.3M New
WULF Terawulf Inc. 9.31% 450,000 $5.1M New
RIOT Riot Platforms Inc. 8.21% 238,220 $4.5M New
WLAC Willow Lane Acquisition Class A 6.38% 304,000 $3.5M New
CLSK Cleanspark Inc. 5.45% 207,390 $3.0M New
BTDR Bitdeer Technologies Group-A 5.26% 169,825 $2.9M Reduce -25.7%
TDAY USA Today Co. Inc. filed as GANNETT CO INC 4.26% 569,997 $2.4M Reduce -51.1%

Portfolio Sells Q2 2025 → Q3 2025

TDAY USA Today Co. Inc. Reduce -51.1% 4.26% −24.11
BTDR Bitdeer Technologies Group-A Reduce -25.7% 5.26% −12.57
OSG Octave Specialty Group Inc. Sold out 0.00% −2.92

Portfolio Buys Q2 2025 → Q3 2025

BITF Bitfarms Ltd./Canada New 34.42% +34.42
CIFR Cipher Digital Inc. New 11.40% +11.40
WULF Terawulf Inc. New 9.31% +9.31
RIOT Riot Platforms Inc. New 8.21% +8.21
WLAC Willow Lane Acquisition Class A New 6.38% +6.38
CLSK Cleanspark Inc. New 5.45% +5.45
CORZ Core Scientific Inc. Add +7.4% 15.31% −35.57

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2025 9$55.2MBITF, CORZ, CIFR, WULF, RIOT
Q2 2025 4$14.7MCORZ, TDAY, BTDR, OSG
Q1 2025 5$9.5MCORZ, WULF, BTDR, RIOT, IREN
Q4 2024 1$17.9MCORZ