13F HOLDINGS REPORT
Multicoin Capital Management, LLC
Quarter ended Q4 2025 · Filed February 13, 2026 · Accession 0002017172-26-000001
Total Value
$114.4M
Positions
4
Other Managers
0
Confidential Omitted
No
Holdings (4)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | FORWARD INDS INC N Y | 349862409 | 7,947,843 | $52.5M | 45.91% |
| 2 | BITWISE SOLANA STAKING ETF | BSOL | 1,890,000 | $31.0M | 27.09% |
| 3 | GRAYSCALE BITCOIN TRUST ETF | GBTC | 302,251 | $20.7M | 18.06% |
| 4 | GRAYSCALE BITCOIN MINI TRET | 389930207 | 264,361 | $10.2M | 8.95% |