ParaFi Capital LP Hedge Fund

Location: NEW YORK, NY

CIK: 0001919332 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 15, 2026

Total Value: $462M (99.0% shares, 1.0% debt)

Holdings (22)

New Positions (11)

ASST STRIVE INC 3.4%

Value $15.65M Shares 156,904 Est. Cost — Unrealized —

— ISHARES ETHEREUM TR 2.1%

Value $9.492M Shares 599,600 Est. Cost — Unrealized —

— CIRCLE INTERNET GROUP INC 1.9%

Value $8.959M Shares 93,900 Est. Cost — Unrealized —

— SEMLER SCIENTIFIC INC 1.0%

Value $4.471M Shares 4,602,000 Est. Cost — Unrealized —

STSSW SHARPS TECHNOLOGY INC 0.9%

Value $4.271M Shares 2,542,308 Est. Cost — Unrealized —

CRWV COREWEAVE INC 0.6%

Value $2.866M Shares 37,000 Est. Cost — Unrealized —

GEMI GEMINI SPACE STA INC 0.6%

Value $2.856M Shares 646,102 Est. Cost — Unrealized —

STSS SHARPS TECHNOLOGY INC 0.4%

Value $1.932M Shares 1,150,000 Est. Cost — Unrealized —

— ISHARES BITCOIN TRUST ETF 0.2%

Value $768K Shares 20,000 Est. Cost — Unrealized —

FWDI FORWARD INDUSTRIES INC 0.2%

Value $718K Shares 162,164 Est. Cost — Unrealized —

TONX TON STRATEGY CO 0.0%

Value $124K Shares 50,380 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ASST	STRIVE INC	156,904	$15.65M	3.4%	—	—	CL A COM	862945300
—	ISHARES ETHEREUM TR	599,600	$9.492M	2.1%	—	—	PUT	46438R955
—	CIRCLE INTERNET GROUP INC	93,900	$8.959M	1.9%	—	—	CALL	172573907
—	SEMLER SCIENTIFIC INC	4,602,000	$4.471M	1.0%	—	—	NOTE 4.250% 8/0	81684MAC8
STSSW	SHARPS TECHNOLOGY INC	2,542,308	$4.271M	0.9%	—	—	*W EXP 99/99/999	82003F119
CRWV	COREWEAVE INC	37,000	$2.866M	0.6%	—	—	COM CL A	21873S108
GEMI	GEMINI SPACE STA INC	646,102	$2.856M	0.6%	—	—	CL A COM	36866J105
STSS	SHARPS TECHNOLOGY INC	1,150,000	$1.932M	0.4%	—	—	COM	82003F309
—	ISHARES BITCOIN TRUST ETF	20,000	$768K	0.2%	—	—	PUT	46438F951
FWDI	FORWARD INDUSTRIES INC	162,164	$718K	0.2%	—	—	COM NEW	349932103
TONX	TON STRATEGY CO	50,380	$124K	0.0%	—	—	COM	92337U302

Increased Positions (4)

— ISHARES BITCOIN TRUST ETF 27.0%

Value $125M (+8350.3%) Shares 3,246,400 (+26953.3%) Est. Cost — Unrealized —

CRCL CIRCLE INTERNET GROUP INC 3.4%

Value $15.74M (+1885.2%) Shares 165,000 (+1550.0%) Est. Cost — Unrealized —

— STRATEGY INC 6.6%

Value $30.45M (+92.9%) Shares 430,628 (+114.9%) Est. Cost — Unrealized —

HOOD ROBINHOOD MKTS INC 1.7%

Value $7.648M (+35.2%) Shares 110,509 (+121.0%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	ISHARES BITCOIN TRUST ETF	3,246,400 (+26953.3%)	$125M (+8350.3%)	27.0%	—	—	CALL	46438F901
CRCL	CIRCLE INTERNET GROUP INC	165,000 (+1550.0%)	$15.74M (+1885.2%)	3.4%	—	—	COM CL A	172573107
—	STRATEGY INC	430,628 (+114.9%)	$30.45M (+92.9%)	6.6%	—	—	SERIES A PERP PF	594972887
HOOD	ROBINHOOD MKTS INC	110,509 (+121.0%)	$7.648M (+35.2%)	1.7%	—	—	COM CL A	770700102

Exited Positions (5)

— STRATEGY INC 1.0%

Value $4.526M Shares 5,500,000 Est. Cost — Unrealized —

BRR PROCAP FINL INC 0.6%

Value $2.881M Shares 816,073 Est. Cost — Unrealized —

WULF TERAWULF INC 0.5%

Value $2.3M Shares 200,200 Est. Cost — Unrealized —

PYPL PAYPAL HLDGS INC 0.1%

Value $584K Shares 10,000 Est. Cost — Unrealized —

WU WESTERN UN CO 0.1%

Value $560K Shares 60,100 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	STRATEGY INC	5,500,000	$4.526M	1.0%	—	—	—	594972AS0
BRR	PROCAP FINL INC	816,073	$2.881M	0.6%	—	—	—	74277P105
WULF	TERAWULF INC	200,200	$2.3M	0.5%	—	—	—	88080T104
PYPL	PAYPAL HLDGS INC	10,000	$584K	0.1%	—	—	—	70450Y103
WU	WESTERN UN CO	60,100	$560K	0.1%	—	—	—	959802109

Decreased Positions (3)

BITB BITWISE BITCOIN ETF TR 13.5%

Value $62.58M (-32.9%) Shares 1,700,000 (-13.3%) Est. Cost — Unrealized —

FBTC FIDELITY WISE ORIGIN BITCOIN 13.4%

Value $61.98M (-25.4%) Shares 1,050,000 (-3.7%) Est. Cost — Unrealized —

CORZ CORE SCIENTIFIC INC NEW 1.7%

Value $7.63M (-53.2%) Shares 510,013 (-54.5%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BITB	BITWISE BITCOIN ETF TR	1,700,000 (-13.3%)	$62.58M (-32.9%)	13.5%	—	—	SHS BEN INT	09174C104
FBTC	FIDELITY WISE ORIGIN BITCOIN	1,050,000 (-3.7%)	$61.98M (-25.4%)	13.4%	—	—	SHS	315948109
CORZ	CORE SCIENTIFIC INC NEW	510,013 (-54.5%)	$7.63M (-53.2%)	1.7%	—	—	COM	21874A106

Unchanged Positions (4)

IBIT ISHARES BITCOIN TRUST ETF 12.2%

Value $56.14M Shares 1,461,145 Est. Cost — Unrealized —

SBET SHARPLINK INC 5.4%

Value $25.17M Shares 3,902,430 Est. Cost — Unrealized —

BTC GRAYSCALE BITCOIN MINI TR ET 3.4%

Value $15.59M Shares 520,000 Est. Cost — Unrealized —

COIN COINBASE GLOBAL INC 0.5%

Value $2.27M Shares 13,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IBIT	ISHARES BITCOIN TRUST ETF	1,461,145	$56.14M	12.2%	—	—	SHS BEN INT	46438F101
SBET	SHARPLINK INC	3,902,430	$25.17M	5.4%	—	—	COM NEW	820014405
BTC	GRAYSCALE BITCOIN MINI TR ET	520,000	$15.59M	3.4%	—	—	SHS NEW	389930207
COIN	COINBASE GLOBAL INC	13,000	$2.27M	0.5%	—	—	COM CL A	19260Q107