BIT Capital GmbH
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), BIT Capital GmbH reported 85 stock positions worth $830.4 million. Its top holding was Iren (IREN) at 11.7% of the portfolio, followed by JSC Kaspi.kz ADR (KSPI, 10.4%) and Oscar Health Class A (OSCR, 7.1%). Compared with Q4 2024, it opened 19 new positions, sold out of 33, added to 26 and reduced 40. The biggest buy was Carvana (CVNA, shares +20735%) and the biggest sale Reddit Class A (RDDT, shares −72%).
- Most Recent 13F
- Q2 2026
- Location
- BERLIN, 2M
- CIK
- 0002053305
- Portfolio Value
- $830.4M (Q1 2025)
- SEC Filing
- 0002053305-25-000021 ↗ filed May 9, 2025
Holdings Value
Holdings 85 stocks · $830.4M
| IREN Iren Ltd. filed as IREN LIMITED | 11.70% | 15,960,492 | $97.2M | Add +23.5% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 10.41% | 931,066 | $86.4M | Reduce -22.9% |
| OSCR Oscar Health Inc. Class A | 7.14% | 4,521,445 | $59.3M | Add +1.1% |
| PDD PDD Holdings Inc. | 7.06% | 495,490 | $58.6M | Reduce -27.7% |
| HOOD Robinhood Markets Inc. Class A | 6.36% | 1,269,249 | $52.8M | Reduce -30.5% |
| GRND Grindr Inc. | 6.20% | 2,876,783 | $51.5M | Reduce -27.9% |
| HIMS Hims & Hers Health Inc. | 5.84% | 1,642,493 | $48.5M | Add +7.4% |
| DUOL Duolingo | 5.52% | 147,655 | $45.9M | Add +45.2% |
| CVNA Carvana Co. | 5.39% | 213,975 | $44.7M | Add +20735.0% |
| MU Micron Technology Inc. | 5.25% | 502,052 | $43.6M | Add +13.5% |
| HUT Hut 8 Corp. | 3.39% | 2,424,485 | $28.2M | Add +33.3% |
| AMZN Amazon.com Inc. | 3.20% | 139,544 | $26.5M | Reduce -53.3% |
| AFRM Affirm Holdings Inc. | 3.14% | 576,674 | $26.1M | New |
| META Meta Platforms Inc. Class A | 2.54% | 36,539 | $21.1M | Reduce -52.9% |
| BBIO Bridgebio Pharma Inc. | 2.32% | 557,646 | $19.3M | Add +102.8% |
| CIFR Cipher Digital Inc. | 1.74% | 6,276,188 | $14.4M | Reduce -0.6% |
| COIN Coinbase Global Inc. Class A | 1.52% | 73,257 | $12.6M | Reduce -54.5% |
| RDDT Reddit Inc. Class A | 1.40% | 111,159 | $11.7M | Reduce -71.8% |
| LMND Lemonade Inc. | 1.37% | 362,909 | $11.4M | Reduce -9.2% |
| BPMC Blueprint Medicines Corp. | 0.83% | 77,802 | $6.9M | Reduce -1.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.78% | 38,942 | $6.5M | Add +165.5% |
| RIOT Riot Platforms Inc. | 0.59% | 685,837 | $4.9M | Reduce -3.4% |
| WULF Terawulf Inc. | 0.55% | 1,681,879 | $4.6M | Reduce -57.7% |
| HEPS D-Market Electronic Serv-ADR | 0.54% | 1,569,011 | $4.5M | Add +4.6% |
| BITF Bitfarms Ltd./Canada | 0.49% | 5,203,749 | $4.1M | Add +30.6% |
| CLSK Cleanspark Inc. | 0.47% | 585,246 | $3.9M | Reduce -4.9% |
| NVDA Nvidia Corp. | 0.26% | 20,205 | $2.2M | Reduce -94.0% |
| BAP Credicorp Ltd. | 0.22% | 9,776 | $1.8M | Add +12.3% |
| GRAB Grab Holdings Ltd. Class A | 0.21% | 393,961 | $1.8M | Add +1.9% |
| SRRK Scholar Rock Holding Corp. | 0.17% | 42,694 | $1.4M | Reduce -34.6% |
| SWTX Springworks Therapeutics Inc. | 0.16% | 30,257 | $1.3M | Reduce -43.5% |
| MRUS Merus NV | 0.15% | 29,612 | $1.2M | Add +38.4% |
| IMCR Immunocore Holdings PLC-ADR | 0.15% | 40,787 | $1.2M | Reduce -39.9% |
| ARGX Argenx SE - ADR | 0.13% | 1,847 | $1.1M | Reduce -54.2% |
| MSFT Microsoft Corp. | 0.12% | 2,662 | $999K | Reduce -86.5% |
| PANW Palo Alto Networks Inc. | 0.12% | 5,739 | $979K | Add +565.8% |
| JPM JPMorgan Chase & Co. | 0.12% | 3,965 | $973K | Add +50.1% |
| VRDN Viridian Therapeutics Inc. | 0.12% | 71,680 | $966K | Reduce -74.9% |
| AXON Axon Enterprise Inc. | 0.12% | 1,836 | $966K | Reduce -58.8% |
| BNTX Biontech SE-ADR | 0.12% | 10,586 | $964K | Reduce -45.7% |
| DAWN Day One Biopharmaceuticals I | 0.11% | 116,565 | $924K | Reduce -32.1% |
| RBRK Rubrik Inc. Class A | 0.10% | 12,960 | $790K | Reduce -15.0% |
| RARE Ultragenyx Pharmaceutical Inc. | 0.09% | 21,655 | $784K | Reduce -27.5% |
| CMPS Compass Pathways PLC | 0.08% | 246,320 | $704K | Add +112.9% |
| IDYA Ideaya Biosciences Inc. | 0.08% | 42,715 | $700K | Reduce -32.9% |
| SE Sea Ltd.-ADR | 0.08% | 5,195 | $678K | Reduce -41.4% |
| AGIO Agios Pharmaceuticals Inc. | 0.08% | 21,468 | $629K | New |
| ATAIBECKLEY INC filed as ATAI LIFE SCIENCES NV | 0.07% | 439,107 | $597K | New |
| XENE Xenon Pharmaceuticals Inc. | 0.07% | 17,352 | $582K | Reduce -67.8% |
| MLTX Moonlake Immunotherapeutics | 0.07% | 14,610 | $571K | Reduce -29.6% |
| WBD Warner Bros Discovery Inc. | 0.06% | 48,533 | $521K | New |
| ANAB Anaptysbio Inc. | 0.06% | 25,422 | $473K | New |
| MSCI MSCI Inc. | 0.06% | 835 | $472K | New |
| NET Cloudflare Inc. Class A | 0.06% | 4,129 | $465K | New |
| ABNB Airbnb Inc. Class A | 0.06% | 3,832 | $458K | Add +22.4% |
| UNH Unitedhealth Group Inc. | 0.05% | 859 | $450K | Reduce -53.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.05% | 1,269 | $447K | Add +189.1% |
| ELVN Enliven Therapeutics Inc. | 0.05% | 19,386 | $382K | New |
| AMAT Applied Materials Inc. | 0.05% | 2,620 | $380K | Add +149.1% |
| AGNT Agnt Inc. filed as EXP WORLD HLDGS INC | 0.04% | 36,144 | $353K | New |
| MMYT Makemytrip Ltd. | 0.04% | 3,570 | $350K | Reduce -58.4% |
| PAG Penske Automotive Group Inc. | 0.04% | 2,414 | $348K | Reduce -55.4% |
| VRNA Verona Pharma Ltd. | 0.04% | 5,407 | $343K | Reduce -83.0% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.04% | 32,798 | $336K | Add +116.3% |
| RYTM Rhythm Pharmaceuticals Inc. | 0.04% | 6,013 | $319K | New |
| AUTL Autolus Therapeutics PLC | 0.04% | 199,359 | $309K | Reduce -68.7% |
| BEAM Beam Therapeutics Inc. | 0.04% | 15,771 | $308K | Reduce -55.5% |
| UBER Uber Technologies Inc. | 0.04% | 4,059 | $296K | Reduce -83.3% |
| AAPL Apple Inc. | 0.03% | 1,256 | $279K | Add +55.6% |
| SCHW Schwab (charles) Corp. | 0.03% | 3,545 | $278K | Reduce -68.6% |
| CORZ Core Scientific Inc. | 0.03% | 36,914 | $267K | Reduce -38.4% |
| GTM Zoominfo Technologies Inc. | 0.03% | 26,663 | $267K | Reduce -95.4% |
| TRVI Trevi Therapeutics Inc. | 0.03% | 41,987 | $264K | New |
| KNSA Kiniksa Pharmaceuticals Inte | 0.03% | 11,878 | $264K | New |
| MREO Mereo Biopharma Group PL-ADR | 0.03% | 101,070 | $227K | New |
| NFLX Netflix Inc. | 0.02% | 193 | $180K | Add +33.1% |
| AKRO Akero Therapeutics Inc. | 0.02% | 4,437 | $180K | New |
| RVMD Revolution Medicines Inc. | 0.02% | 5,044 | $178K | New |
| AMD Advanced Micro Devices | 0.02% | 1,697 | $174K | Add +55.1% |
| ISRG Intuitive Surgical Inc. | 0.02% | 329 | $163K | Add +145.5% |
| TSHA Taysha Gene Therapies Inc. | 0.02% | 117,062 | $163K | New |
| SOFI Sofi Technologies Inc. | 0.02% | 13,551 | $158K | New |
| LIGHTSPEED COMMERCE INC | 0.02% | 17,200 | $151K | New |
| AVGO Broadcom Inc. | 0.01% | 531 | $89K | Add +51.7% |
| EVGO Evgo Inc. | 0.01% | 22,316 | $59K | New |
Options reported separately and not counted above: TSLA puts ($103.8M), MSTR puts ($67.7M), COIN puts ($46.1M), MSTR calls ($25.9M), NRDS puts ($15.1M), NVDA calls ($11.7M), AMZN calls ($10.9M), BBD puts ($9.6M), MU calls ($6.3M), HUT calls ($6.3M), META calls ($5.2M), UPWK puts ($4.2M), and 10 more.
Portfolio Sells Q4 2024 → Q1 2025
| RDDT Reddit Inc. Class A | Reduce -71.8% | 1.40% | −4.24 |
| NVDA Nvidia Corp. | Reduce -94.0% | 0.26% | −3.69 |
| AMZN Amazon.com Inc. | Reduce -53.3% | 3.20% | −2.55 |
| COIN Coinbase Global Inc. Class A | Reduce -54.5% | 1.52% | −1.98 |
| META Meta Platforms Inc. Class A | Reduce -52.9% | 2.54% | −1.44 |
| WULF Terawulf Inc. | Reduce -57.7% | 0.55% | −1.42 |
| ASND Ascendis Pharma A/S | Sold out | 0.00% | −0.89 |
| CIFR Cipher Digital Inc. | Reduce -0.6% | 1.74% | −0.83 |
| DQ Daqo New Energy Corp.-ADR | Sold out | 0.00% | −0.72 |
| BTDR Bitdeer Technologies Group-A | Sold out | 0.00% | −0.62 |
| MSFT Microsoft Corp. | Reduce -86.5% | 0.12% | −0.61 |
| GTM Zoominfo Technologies Inc. | Reduce -95.4% | 0.03% | −0.51 |
| SDIG Stronghold Digital Mining-A | Sold out | 0.00% | −0.48 |
| ARVN Arvinas Inc. | Sold out | 0.00% | −0.44 |
| VKTX Viking Therapeutics Inc. | Sold out | 0.00% | −0.44 |
| VRDN Viridian Therapeutics Inc. | Reduce -74.9% | 0.12% | −0.36 |
| CANG Cango Inc./KY - ADR | Sold out | 0.00% | −0.32 |
| MARA Mara Holdings Inc. | Sold out | 0.00% | −0.27 |
| INTR Inter & Co. Inc. Class A | Sold out | 0.00% | −0.22 |
| AXON Axon Enterprise Inc. | Reduce -58.8% | 0.12% | −0.12 |
| XENE Xenon Pharmaceuticals Inc. | Reduce -67.8% | 0.07% | −0.12 |
| RLAY Relay Therapeutics Inc. | Sold out | 0.00% | −0.10 |
| CGEM Cullinan Therapeutics Inc. | Sold out | 0.00% | −0.10 |
| GLBE Global-E Online Ltd. | Sold out | 0.00% | −0.10 |
| AUTL Autolus Therapeutics PLC | Reduce -68.7% | 0.04% | −0.09 |
| UBER Uber Technologies Inc. | Reduce -83.3% | 0.04% | −0.09 |
| VRNA Verona Pharma Ltd. | Reduce -83.0% | 0.04% | −0.09 |
| ARGX Argenx SE - ADR | Reduce -54.2% | 0.13% | −0.09 |
| SRRK Scholar Rock Holding Corp. | Reduce -34.6% | 0.17% | −0.08 |
| CYTK Cytokinetics Inc. | Sold out | 0.00% | −0.08 |
| DAWN Day One Biopharmaceuticals I | Reduce -32.1% | 0.11% | −0.08 |
| BNTX Biontech SE-ADR | Reduce -45.7% | 0.12% | −0.08 |
| CYPH Cypherpunk Technologies Inc. | Sold out | 0.00% | −0.07 |
| WYNN WYNN Resorts Ltd. | Sold out | 0.00% | −0.07 |
| SPSC SPS Commerce Inc. | Sold out | 0.00% | −0.07 |
| IDYA Ideaya Biosciences Inc. | Reduce -32.9% | 0.08% | −0.06 |
| RIOT Riot Platforms Inc. | Reduce -3.4% | 0.59% | −0.05 |
| MMYT Makemytrip Ltd. | Reduce -58.4% | 0.04% | −0.04 |
| CORZ Core Scientific Inc. | Reduce -38.4% | 0.03% | −0.04 |
| BEAM Beam Therapeutics Inc. | Reduce -55.5% | 0.04% | −0.04 |
| SCHW Schwab (charles) Corp. | Reduce -68.6% | 0.03% | −0.04 |
| MIND MEDICINE MINDMED INC | Sold out | 0.00% | −0.04 |
| CABA Cabaletta Bio Inc. | Sold out | 0.00% | −0.04 |
| DNLI Denali Therapeutics Inc. | Sold out | 0.00% | −0.04 |
| FATE Fate Therapeutics Inc. | Sold out | 0.00% | −0.04 |
| ETNB 89BIO Inc. | Sold out | 0.00% | −0.03 |
| GRND Grindr Inc. | Reduce -27.9% | 6.20% | −0.03 |
| HOWL Werewolf Therapeutics Inc. | Sold out | 0.00% | −0.03 |
| PAG Penske Automotive Group Inc. | Reduce -55.4% | 0.04% | −0.03 |
| MLTX Moonlake Immunotherapeutics | Reduce -29.6% | 0.07% | −0.03 |
Portfolio Buys Q4 2024 → Q1 2025
| CVNA Carvana Co. | Add +20735.0% | 5.39% | +5.37 |
| AFRM Affirm Holdings Inc. | New | 3.14% | +3.14 |
| DUOL Duolingo | Add +45.2% | 5.52% | +2.63 |
| HIMS Hims & Hers Health Inc. | Add +7.4% | 5.84% | +2.61 |
| MU Micron Technology Inc. | Add +13.5% | 5.25% | +1.99 |
| OSCR Oscar Health Inc. Class A | Add +1.1% | 7.14% | +1.87 |
| BBIO Bridgebio Pharma Inc. | Add +102.8% | 2.32% | +1.66 |
| IREN Iren Ltd. | Add +23.5% | 11.70% | +0.59 |
| TSM Taiwan Semiconductor-SP ADR | Add +165.5% | 0.78% | +0.52 |
| HEPS D-Market Electronic Serv-ADR | Add +4.6% | 0.54% | +0.14 |
| HUT Hut 8 Corp. | Add +33.3% | 3.39% | +0.13 |
| PANW Palo Alto Networks Inc. | Add +565.8% | 0.12% | +0.10 |
| BAP Credicorp Ltd. | Add +12.3% | 0.22% | +0.08 |
| AGIO Agios Pharmaceuticals Inc. | New | 0.08% | +0.08 |
| ATAIBECKLEY INC | New | 0.07% | +0.07 |
| MRUS Merus NV | Add +38.4% | 0.15% | +0.07 |
| WBD Warner Bros Discovery Inc. | New | 0.06% | +0.06 |
| JPM JPMorgan Chase & Co. | Add +50.1% | 0.12% | +0.06 |
| ANAB Anaptysbio Inc. | New | 0.06% | +0.06 |
| MSCI MSCI Inc. | New | 0.06% | +0.06 |
| NET Cloudflare Inc. Class A | New | 0.06% | +0.06 |
| GRAB Grab Holdings Ltd. Class A | Add +1.9% | 0.21% | +0.06 |
| CMPS Compass Pathways PLC | Add +112.9% | 0.08% | +0.05 |
| ELVN Enliven Therapeutics Inc. | New | 0.05% | +0.05 |
| AGNT Agnt Inc. | New | 0.04% | +0.04 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +189.1% | 0.05% | +0.04 |
| RYTM Rhythm Pharmaceuticals Inc. | New | 0.04% | +0.04 |
| TRVI Trevi Therapeutics Inc. | New | 0.03% | +0.03 |
| KNSA Kiniksa Pharmaceuticals Inte | New | 0.03% | +0.03 |
| AMAT Applied Materials Inc. | Add +149.1% | 0.05% | +0.03 |
| MREO Mereo Biopharma Group PL-ADR | New | 0.03% | +0.03 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +116.3% | 0.04% | +0.03 |
| AKRO Akero Therapeutics Inc. | New | 0.02% | +0.02 |
| RVMD Revolution Medicines Inc. | New | 0.02% | +0.02 |
| TSHA Taysha Gene Therapies Inc. | New | 0.02% | +0.02 |
| ABNB Airbnb Inc. Class A | Add +22.4% | 0.06% | +0.02 |
| SOFI Sofi Technologies Inc. | New | 0.02% | +0.02 |
| LIGHTSPEED COMMERCE INC | New | 0.02% | +0.02 |
| AAPL Apple Inc. | Add +55.6% | 0.03% | +0.02 |
| ISRG Intuitive Surgical Inc. | Add +145.5% | 0.02% | +0.01 |
| NFLX Netflix Inc. | Add +33.1% | 0.02% | +0.01 |
| AMD Advanced Micro Devices | Add +55.1% | 0.02% | +0.01 |
| EVGO Evgo Inc. | New | 0.01% | +0.01 |
| AVGO Broadcom Inc. | Add +51.7% | 0.01% | +0.00 |
| BITF Bitfarms Ltd./Canada | Add +30.6% | 0.49% | −0.03 |
Options Activity Q4 2024 → Q1 2025
| TSLA Tesla Inc. | put | New | 400,500 | $103.8M |
| MSTR Strategy Inc. | put | New | 235,000 | $67.7M |
| COIN Coinbase Global Inc. Class A | put | New | 267,500 | $46.1M |
| MARA Mara Holdings Inc. | call | Sold out | 1,600,000 | $26.8Mbefore exit |
| MSTR Strategy Inc. | call | Add +291.3% | 90,000 | $25.9M |
| NRDS Nerdwallet Inc. Class A | put | Reduce -2.1% | 1,666,500 | $15.1M |
| NVDA Nvidia Corp. | call | New | 108,000 | $11.7M |
| AMZN Amazon.com Inc. | call | New | 57,500 | $10.9M |
| BBD Banco Bradesco-ADR | put | Reduce -9.5% | 4,301,200 | $9.6M |
| APLD Applied Digital Corp. | call | Sold out | 900,000 | $6.9Mbefore exit |
| MU Micron Technology Inc. | call | New | 73,000 | $6.3M |
| HUT Hut 8 Corp. | call | New | 540,000 | $6.3M |
| CLSK Cleanspark Inc. | call | Sold out | 600,000 | $5.5Mbefore exit |
| META Meta Platforms Inc. Class A | call | New | 9,000 | $5.2M |
| CIFR Cipher Digital Inc. | call | Sold out | 1,100,000 | $5.1Mbefore exit |
| TSM Taiwan Semiconductor-SP ADR | call | New | 25,000 | $4.2M |
| BITF Bitfarms Ltd./Canada | call | Sold out | 2,500,000 | $3.7Mbefore exit |
| IREN Iren Ltd. | call | Reduce -71.1% | 500,000 | $3.0M |
| AMAT Applied Materials Inc. | call | Sold out | 15,400 | $2.5Mbefore exit |
| DUOL Duolingo | call | New | 7,500 | $2.3M |
| CVNA Carvana Co. | call | New | 10,000 | $2.1M |
| NOW ServiceNow Inc. | call | New | 2,500 | $2.0M |
| HOOD Robinhood Markets Inc. Class A | call | New | 47,500 | $2.0M |
| AMD Advanced Micro Devices | call | Sold out | 14,100 | $1.7Mbefore exit |
| BABA Alibaba Group Holding-SP ADR | call | New | 12,500 | $1.7M |
| RDDT Reddit Inc. Class A | call | New | 15,000 | $1.6M |
| NVDA Nvidia Corp. | put | New | 6,000 | $650K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| LILWF Lilium NV -CW26 | *W EXP 09/14/202 | Sold out | 12,442,384 | $249Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 82 | $2.9B | IREN, AMZN, MU, HOOD, SNDK |
| Q1 2026 | 76 | $1.8B | IREN, AMZN, GOOGL, TSM, MU |
| Q4 2025 | 87 | $2.3B | IREN, HNGE, GOOGL, LMND, RDDT |
| Q3 2025 | 90 | $2.2B | IREN, RDDT, HIMS, TSM, HOOD |
| Q2 2025 | 80 | $1.5B | IREN, NVDA, MU, HOOD, AMZN |
| Q1 2025 | 85 | $830.4M | IREN, KSPI, OSCR, PDD, HOOD |
| Q4 2024 | 99 | $1.1B | IREN, KSPI, GRND, HOOD, PDD |
| Q3 2024 | 95 | $1.0B | HIMS, KSPI, IREN, NU, PDD |
| Q2 2024 | 89 | $1.1B | NU, HIMS, KSPI, DUOL, GRND |
| Q1 2024 | 95 | $1.1B | NU, KSPI, META, COIN, HIMS |