🧠 Grok Thoughts: Citadel would hold roughly 16.6 million shares of $HIVE Digital or about 6.1–6.2% of outstanding shares, which would make it the largest institutional holder under the assumption 👀 Cc: $SPCX $NBIS $CRWV $IREN $CIFR $KEEL $WULF $HUT 🧮 Current relevant holdings (based on latest available filings) 1️⃣ Citadel Securities GP LLC / related Citadel Securities entities: 13,192,552 shares (reported as of the May 5, 2026 Schedule 13G event date; ~5.2% at the time, based on then-outstanding shares). Earlier April 2026 filing showed ~11.5 million (4.5%). ✍️ Note that Citadel Advisors LLC has separately reported smaller positions in 13F data (e.g., ~3.15 million as of March 31, 2026), but the large passive 13G stake is under the Securities group. 2️⃣ Leopold Aschenbrenner / Situational Awareness LP (and related Situational Awareness Partners LP): 3,391,547 shares (new position reported in Q1 2026 13F filings as of March 31, 2026; ~1.27–1.28%). This is a relatively small stake for the fund. 🧮 Combined under the assumption (Citadel acquires all of Leopold/Situational Awareness’s HIVE equity): 13,192,552 + 3,391,547 ≈ 16.58 million shares. 🧠 Shares outstanding and ownership percentage: Recent figures for HIVE common shares outstanding are in the ~264–274 million range (examples: ~267.4 million in mid-May 2026 data; ~273.6 million as of July 27, 2026 in a company filing; other reports cluster around 264–267 million). Using ~270 million as a midpoint yields roughly 6.1%. Even at the higher end of the range it remains above 6%. 🔂 Comparison to other large institutional holders Recent top institutional holders (primarily from March 31, 2026 13F data and related reports) include: 1️⃣ Invesco Ltd. / related: ~13.34 million (largest or near-largest in several summaries, ~5%). 2️⃣ Millennium Management: ~7.29 million. 3️⃣ Two Sigma Investments: ~6.09 million. 4️⃣ Charles Schwab Investment Management: ~5.25 million. A combined Citadel position of ~16.6 million would clearly exceed Invesco’s and all other reported institutional stakes, making Citadel the largest institutional investor in HIVE under this hypothetical. Note: This is a pure assumption of acquiring Leopold’s entire HIVE equity position; no public indication of such a transaction exists. In short, adding Leopold’s ~3.39 million shares to Citadel’s existing large stake would push the combined holding comfortably above other institutions and establish it as the largest. Cc: Grok thoughts 💭