$NEBIUS(NBIS)$ $IREN Ltd(IREN)$ $APPLIED DIGITAL CORP(APLD)$ $Keel Infrastructure Corp(KEEL)$ $SanDisk Corp.(SNDK)$ The heavy selloff is starting to make more sense now. Citadel signaled rate hikes were coming, which pressured the market. That selloff apparently pushed Leopold's fund into an overleveraged position, and he wasn't able to raise enough capital to cover the margin. At that point, Citadel stepped in and picked up the Situational Awareness fund at a massive discount.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments