Citrini: Seismic Awareness completes fundraising and eliminates hedging, potentially driving AI stocks to bottom out

Citrini stated that the investors of Leopold Aschenbrenner's Situational Awareness Fund acknowledge its AI development judgment and long strategy. The fund has risen by about 2200% since its establishment in 2024, but recently experienced a pullback due to the decline in related stocks. If an investor invests $100 million when the fund is established, even if they lose 90% in July, based on a cumulative return of 2200%, their position is still worth approximately $230 million. Citrini expects that after the completion of Situational Awareness fundraising, some short-term hedging may be lifted and new capital will be invested in the market, driving AI stocks to form a temporary bottom.