Q4 2025 · 13F-HR
ParaFi Capital LPholdings as filed
Filed 2026-02-13 · accession 0001420506-26-000415
$358.4M
Reported value
16
Positions
2025-12-31
Period end
The Brief · ParaFi Capital LP · Q4 2025
AI · grounded in 13F
ParaFi Capital LP closed its position in NAKA for a reduction of $19.0M. The fund established new positions in HOOD for $5.6M, [[stock:MSTR 0 12/01/29]] for $4.5M, and BRR for $2.8M. Additionally, the fund increased its holdings in CORZ by 523.4% and [[stock:MSTR 8 PERP]] by 225.8%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 09174C104 | BITB | BITWISE BITCOIN ETF TR | $93.2M | 26.0% | 1,960,000 | Common | SOLE |
| 315948109 | FBTC | FIDELITY WISE ORIGIN BITCOIN | $83.1M | 23.2% | 1,090,000 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $73.2M | 20.4% | 1,475,046 | Common | SOLE |
| 820014405 | SBET | SHARPLINK GAMING INC | $34.9M | 9.74% | 3,902,430 | Common | SOLE |
| 389930207 | BTC | GRAYSCALE BITCOIN MINI TR ET | $20.1M | 5.62% | 520,000 | Common | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $16.3M | 4.55% | 1,119,724 | Common | SOLE |
| 594972887 | MSTR 8 PERP | STRATEGY INC | $15.8M | 4.40% | 200,378 | Common | SOLE |
| 770700102 | HOOD | ROBINHOOD MKTS INC | $5.7M | 1.58% | 50,000 | Common | SOLE |
| 594972AS0 | MSTR 0 12/01/29 | STRATEGY INC | $4.5M | 1.26% | 5,500,000 | Common | SOLE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $2.9M | 0.82% | 13,001 | Common | SOLE |
| 74277P105 | BRR | PROCAP FINL INC | $2.9M | 0.80% | 816,073 | Common | SOLE |
| 88080T104 | WULF | TERAWULF INC | $2.3M | 0.64% | 200,200 | Common | SOLE |
| 46438F901 | IBIT | ISHARES BITCOIN TRUST ETF | $1.5M | 0.41% | 12,000 | CALL | SOLE |
| 172573107 | CRCL | CIRCLE INTERNET GROUP INC | $793,000 | 0.22% | 10,000 | Common | SOLE |
| 70450Y103 | PYPL | PAYPAL HLDGS INC | $583,800 | 0.16% | 10,000 | Common | SOLE |
| 959802109 | WU | WESTERN UN CO | $559,531 | 0.16% | 60,100 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.