Congrats to Fairfax & Examining BTC's Recent Slide

In this episode, we celebrate Fairfax County's Police and County Employee Pension Funds for their win at the CIO Innovation Awards, recognizing their leadership in adopting digital assets within institutional portfolios. We then dive into the market, unpacking Bitcoin's recent skid and the role perpetual futures markets may play in amplifying downside volatility. We also break down BlackRock's launch of a stablecoin-focused liquidity fund.  On the AI front, we spotlight Nscale's multibillion-dollar deal with Microsoft to deploy 200,000 Nvidia GPUs across global data centers; meanwhile, Ant Group enters the global AI race with Ling-1T, a trillion-parameter model that rivals OpenAI and Google in reasoning and math capabilities. In the Chart of the Week, Hyperliquid continues to push the frontier of decentralized derivatives markets.  Remember to Stay Current!  To learn more, visit us on the web at https://www.morgancreekcap.com/morgan-creek-digital/. To speak to a team member or sign up for additional content, please email [email protected]  Legal Disclaimer  This podcast is for informational purposes only and should not be construed as investment advice or a solicitation for the sale of any security, advisory, or other service. Investments related to the themes and ideas discussed may be owned by funds managed by the host and podcast guests. Any conflicts mentioned by the host are subject to change. Listeners should consult their personal financial advisors before making any investment decisions.