13F

Position

Sunpointe, LLC in Coinbase Global, Inc.

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark −$174.4K$226.14$174.61

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20253.72K$841.9K0.3%
Q1 20263.38K$590.9K$174.61−$174.4K−$76.7K0.2%