Sassicaia Capital Advisers LLC Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JPM	JPMORGAN CHASE & CO.	6,000	$1,933	4.2%	$309.53	0.0%	COM	46625H100
ETHA	ISHARES ETHEREUM TR	80,000	$1,794	3.9%	$22.43	—	SHS	46438R105
META	META PLATFORMS INC	2,000	$1,320	2.9%	$667.32	0.0%	CL A	30303M102
GS	GOLDMAN SACHS GROUP INC	1,500	$1,319	2.9%	$813.35	0.0%	COM	38141G104
TNA	DIREXION SHS ETF TR	25,000	$1,139	2.5%	$45.54	—	DLY SMCAP BULL3X	25459W847
MSFT	MICROSOFT CORP	2,000	$967	2.1%	$500.58	0.0%	COM	594918104
PPLT	ABRDN PLATINUM ETF TRUST	4,600	$858	1.9%	$186.43	—	PHYSCL PLATM SHS	003260106
MU	MICRON TECHNOLOGY INC	2,500	$714	1.6%	$229.35	0.0%	COM	595112103
AVGO	BROADCOM INC	2,000	$692	1.5%	$357.00	0.0%	COM	11135F101
TSM	TAIWAN SEMICONDUCTOR MFG LTD	2,206	$670	1.5%	$303.89	—	SPONSORED ADS	874039100
SIDU	SIDUS SPACE INC	201,514	$633	1.4%	$1.15	0.0%	CL A COM NEW	826165201
GOOGL	ALPHABET INC	2,000	$626	1.4%	$285.60	0.0%	CAP STK CL A	02079K305
C	CITIGROUP INC	4,500	$525	1.2%	$103.64	0.0%	COM NEW	172967424
AMZN	AMAZON COM INC	2,000	$462	1.0%	$228.79	0.0%	COM	023135106
ONDS	ONDAS HLDGS INC	44,100	$430	0.9%	$8.03	0.0%	COM NEW	68236H204
AMD	ADVANCED MICRO DEVICES INC	2,000	$428	0.9%	$224.60	0.0%	COM	007903107
VNDA	VANDA PHARMACEUTICALS INC	14,700	$130	0.3%	$5.50	0.0%	COM	921659108
AGAE	ALLIED GAMING & ENTRTNMNT IN	40,283	$16	0.0%	$0.55	0.0%	COM	019170109
WTO	UTIME LTD	13,000	$13	0.0%	$1.02	—	ORD SHS CL A	G9411M132
—	HUB CYBER SECURITY LTD	23,000	$9	0.0%	$0.39	—	SHS NEW	M6000J168
PMNT	PERFECT MOMENT LTD	12,065	$5	0.0%	$0.47	0.0%	COM SHS	713715100
—	C3IS INC	19,641	$5	0.0%	$0.23	—	COM	Y18284169
AZTR	AZITRA INC	14,059	$4	0.0%	$0.46	0.0%	COM NEW	05479L302

Increased Positions (5)

QQQ INVESCO QQQ TR 17.4%

Value ($000) $7,925 (+221.9%) Shares 12,900 (+214.6%) Est. Cost $593.29 Unrealized —

SPY SPDR S&P 500 ETF TR 11.7%

Value ($000) $5,319 (+787.1%) Shares 7,800 (+766.7%) Est. Cost $673.86 Unrealized —

AAPL APPLE INC 6.6%

Value ($000) $2,990 (+186.4%) Shares 11,000 (+168.3%) Est. Cost $247.30 Unrealized +8.5%

IBIT ISHARES BITCOIN TRUST ETF 8.7%

Value ($000) $3,972 (+45.5%) Shares 80,000 (+90.5%) Est. Cost $55.72 Unrealized —

NVDL GRANITESHARES ETF TR 4.2%

Value ($000) $1,936 (+37.9%) Shares 22,000 (+46.7%) Est. Cost $91.83 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
QQQ	INVESCO QQQ TR	12,900 (+214.6%)	$7,925 (+221.9%)	17.4%	$593.29	—	UNIT SER 1	46090E103
SPY	SPDR S&P 500 ETF TR	7,800 (+766.7%)	$5,319 (+787.1%)	11.7%	$673.86	—	TR UNIT	78462F103
AAPL	APPLE INC	11,000 (+168.3%)	$2,990 (+186.4%)	6.6%	$247.30	+8.5%	COM	037833100
IBIT	ISHARES BITCOIN TRUST ETF	80,000 (+90.5%)	$3,972 (+45.5%)	8.7%	$55.72	—	SHS BEN INT	46438F101
NVDL	GRANITESHARES ETF TR	22,000 (+46.7%)	$1,936 (+37.9%)	4.2%	$91.83	—	2X LONG NVDA DAI	38747R827

Exited Positions (26)

PFE PFIZER INC 50.7%

Value ($000) $23,134 Shares 907,923 Est. Cost $24.14 Unrealized +3.7%

HOOD ROBINHOOD MKTS INC 47.9%

Value ($000) $21,861 Shares 152,680 Est. Cost $59.18 Unrealized +119.7%

LLY ELI LILLY & CO 25.4%

Value ($000) $11,613 Shares 15,220 Est. Cost $742.24 Unrealized +28.7%

CRWV COREWEAVE INC 10.2%

Value ($000) $4,653 Shares 34,000 Est. Cost $118.31 Unrealized -14.3%

TGT TARGET CORP 6.6%

Value ($000) $3,023 Shares 33,700 Est. Cost $96.73 Unrealized -5.3%

BE BLOOM ENERGY CORP 5.2%

Value ($000) $2,356 Shares 27,854 Est. Cost $46.44 Unrealized +126.3%

ETHU VOLATILITY SHS TR 2.6%

Value ($000) $1,169 Shares 9,000 Est. Cost $89.16 Unrealized —

BITX VOLATILITY SHS TR 1.8%

Value ($000) $826 Shares 15,000 Est. Cost $54.23 Unrealized —

NBIS NEBIUS GROUP N.V. 1.6%

Value ($000) $741 Shares 6,600 Est. Cost $34.43 Unrealized +201.0%

IREN IREN LIMITED 1.6%

Value ($000) $718 Shares 15,300 Est. Cost $24.29 Unrealized +112.4%

CIVI CIVITAS RESOURCES INC 1.3%

Value ($000) $601 Shares 18,500 Est. Cost $31.09 Unrealized -8.2%

STX SEAGATE TECHNOLOGY HLDNGS PL 1.3%

Value ($000) $590 Shares 2,500 Est. Cost $169.71 Unrealized +52.6%

SMCI SUPER MICRO COMPUTER INC 1.3%

Value ($000) $580 Shares 12,100 Est. Cost $47.75 Unrealized -13.8%

ARKK ARK ETF TR 1.2%

Value ($000) $551 Shares 6,390 Est. Cost $86.30 Unrealized —

GBTC GRAYSCALE BITCOIN TRUST ETF 1.2%

Value ($000) $539 Shares 6,000 Est. Cost $89.77 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 1.0%

Value ($000) $456 Shares 2,500 Est. Cost $162.07 Unrealized +11.7%

BMNR BITMINE IMMERSION TECNOLOGIE 0.9%

Value ($000) $415 Shares 8,000 Est. Cost $7.08 Unrealized +472.1%

— TILRAY BRANDS INC 0.9%

Value ($000) $401 Shares 231,900 Est. Cost $1.73 Unrealized —

SLV ISHARES SILVER TR 0.7%

Value ($000) $314 Shares 7,400 Est. Cost $42.37 Unrealized —

BKKT BAKKT HOLDINGS INC 0.6%

Value ($000) $266 Shares 7,900 Est. Cost $13.76 Unrealized +60.6%

CLSK CLEANSPARK INC 0.5%

Value ($000) $218 Shares 15,000 Est. Cost $11.28 Unrealized +32.9%

AIIO ROBO.AI INC. 0.3%

Value ($000) $147 Shares 56,000 Est. Cost $1.52 Unrealized -45.1%

YCBD CBDMD INC 0.0%

Value ($000) $15 Shares 12,000 Est. Cost $0.82 Unrealized +22.9%

— SAFETY SHOT INC 0.0%

Value ($000) $4 Shares 14,160 Est. Cost $0.33 Unrealized —

PTLE PTL LTD 0.0%

Value ($000) $3 Shares 16,000 Est. Cost $0.20 Unrealized -16.3%

— PROCESSA PHARMACEUTICALS INC 0.0%

Value ($000) $3 Shares 15,977 Est. Cost $0.19 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PFE	PFIZER INC	907,923	$23,134	50.7%	$24.14	+3.7%	—	717081103
HOOD	ROBINHOOD MKTS INC	152,680	$21,861	47.9%	$59.18	+119.7%	—	770700102
LLY	ELI LILLY & CO	15,220	$11,613	25.4%	$742.24	+28.7%	—	532457108
CRWV	COREWEAVE INC	34,000	$4,653	10.2%	$118.31	-14.3%	—	21873S108
TGT	TARGET CORP	33,700	$3,023	6.6%	$96.73	-5.3%	—	87612E106
BE	BLOOM ENERGY CORP	27,854	$2,356	5.2%	$46.44	+126.3%	—	093712107
ETHU	VOLATILITY SHS TR	9,000	$1,169	2.6%	$89.16	—	—	92864M798
BITX	VOLATILITY SHS TR	15,000	$826	1.8%	$54.23	—	—	92864M301
NBIS	NEBIUS GROUP N.V.	6,600	$741	1.6%	$34.43	+201.0%	—	N97284108
IREN	IREN LIMITED	15,300	$718	1.6%	$24.29	+112.4%	—	Q4982L109
CIVI	CIVITAS RESOURCES INC	18,500	$601	1.3%	$31.09	-8.2%	—	17888H103
STX	SEAGATE TECHNOLOGY HLDNGS PL	2,500	$590	1.3%	$169.71	+52.6%	—	G7997R103
SMCI	SUPER MICRO COMPUTER INC	12,100	$580	1.3%	$47.75	-13.8%	—	86800U302
ARKK	ARK ETF TR	6,390	$551	1.2%	$86.30	—	—	00214Q104
GBTC	GRAYSCALE BITCOIN TRUST ETF	6,000	$539	1.2%	$89.77	—	—	389637109
PLTR	PALANTIR TECHNOLOGIES INC	2,500	$456	1.0%	$162.07	+11.7%	—	69608A108
BMNR	BITMINE IMMERSION TECNOLOGIE	8,000	$415	0.9%	$7.08	+472.1%	—	09175A206
—	TILRAY BRANDS INC	231,900	$401	0.9%	$1.73	—	—	88688T100
SLV	ISHARES SILVER TR	7,400	$314	0.7%	$42.37	—	—	46428Q109
BKKT	BAKKT HOLDINGS INC	7,900	$266	0.6%	$13.76	+60.6%	—	05759B305
CLSK	CLEANSPARK INC	15,000	$218	0.5%	$11.28	+32.9%	—	18452B209
AIIO	ROBO.AI INC.	56,000	$147	0.3%	$1.52	-45.1%	—	G6693P106
YCBD	CBDMD INC	12,000	$15	0.0%	$0.82	+22.9%	—	12482W408
—	SAFETY SHOT INC	14,160	$4	0.0%	$0.33	—	—	48208F105
PTLE	PTL LTD	16,000	$3	0.0%	$0.20	-16.3%	—	G7377S119
—	PROCESSA PHARMACEUTICALS INC	15,977	$3	0.0%	$0.19	—	—	74275C304

Decreased Positions (6)

NVDA NVIDIA CORPORATION 4.0%

Value ($000) $1,843 (-98.4%) Shares 9,880 (-98.4%) Est. Cost $168.01 Unrealized +10.8%

GLD SPDR GOLD TR 7.8%

Value ($000) $3,567 (-74.6%) Shares 9,000 (-77.3%) Est. Cost $355.47 Unrealized —

TSLA TESLA INC 2.0%

Value ($000) $899 (-85.4%) Shares 2,000 (-85.6%) Est. Cost $346.84 Unrealized +27.8%

QURE UNIQURE NV 0.5%

Value ($000) $249 (-73.4%) Shares 10,400 (-35.0%) Est. Cost $18.16 Unrealized +112.5%

WBD WARNER BROS DISCOVERY INC 4.9%

Value ($000) $2,258 (+0.3%) Shares 78,350 (-32.0%) Est. Cost $13.62 Unrealized +71.6%

INTS INTENSITY THERAPEUTICS INC 0.0%

Value ($000) $6 (+26.8%) Shares 15,000 (-25.0%) Est. Cost $0.24 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	NVIDIA CORPORATION	9,880 (-98.4%)	$1,843 (-98.4%)	4.0%	$168.01	+10.8%	COM	67066G104
GLD	SPDR GOLD TR	9,000 (-77.3%)	$3,567 (-74.6%)	7.8%	$355.47	—	GOLD SHS	78463V107
TSLA	TESLA INC	2,000 (-85.6%)	$899 (-85.4%)	2.0%	$346.84	+27.8%	COM	88160R101
QURE	UNIQURE NV	10,400 (-35.0%)	$249 (-73.4%)	0.5%	$18.16	+112.5%	SHS	N90064101
WBD	WARNER BROS DISCOVERY INC	78,350 (-32.0%)	$2,258 (+0.3%)	4.9%	$13.62	+71.6%	COM SER A	934423104
INTS	INTENSITY THERAPEUTICS INC	15,000 (-25.0%)	$6 (+26.8%)	0.0%	$0.24	—	COM	45828J103