The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADVISORSHARES TR PURE US CANNABIS 00768Y453 15,351,370 3,252,409 SH SOLE 3,252,409 0 0
ADVISORSHARES TR PURE US CANNABIS 00768Y453 10,503,416 2,225,300 SH Call SOLE 2,225,300 0 0
ADVISORSHARES TR PURE US CANNABIS 00768Y453 6,372,000 1,350,000 SH Call SOLE 1,350,000 0 0
ARBUTUS BIOPHARMA CORP COM 03879J100 60,553,850 12,589,158 SH SOLE 12,589,158 0 0
CALUMET INC COM 131428104 138,617,670 6,976,229 SH SOLE 6,976,229 0 0
CALUMET INC COM 131428104 22,294,140 1,122,000 SH Call SOLE 1,122,000 0 0
CIPHER MINING INC COM 17253J106 4,512,959 305,756 SH SOLE 305,756 0 0
CORE SCIENTIFIC INC NEW *W EXP 01/23/202 21874A114 2,449,500 289,539 SH SOLE 289,539 0 0
CORE SCIENTIFIC INC NEW *W EXP 01/23/202 21874A130 350,516 24,107 SH SOLE 24,107 0 0
CORE SCIENTIFIC INC NEW COM 21874A106 247,683,378 17,011,221 SH SOLE 17,011,221 0 0
CORE SCIENTIFIC INC NEW COM 21874A106 73,929,856 5,077,600 SH Call SOLE 5,077,600 0 0
CORE SCIENTIFIC INC NEW COM 21874A106 49,504,000 3,400,000 SH Call SOLE 3,400,000 0 0
CORE SCIENTIFIC INC NEW COM 21874A106 3,494,400 240,000 SH Put SOLE 240,000 0 0
COREWEAVE INC COM CL A 21873S108 7,877,100 110,000 SH SOLE 110,000 0 0
ECHOSTAR CORP CL A 278768106 43,712,075 402,135 SH SOLE 402,135 0 0
ESPERION THERAPEUTICS INC NE COM 29664W105 44,039,328 11,902,521 SH SOLE 11,902,521 0 0
FIRST SOLAR INC COM 336433107 74,256,979 284,259 SH SOLE 284,259 0 0
FTAI AVIATION LTD SHS G3730V105 36,655,242 186,209 SH SOLE 186,209 0 0
GOLAR LNG LTD SHS G9456A100 43,572,836 1,170,998 SH SOLE 1,170,998 0 0
HUT 8 CORP COM 44812J104 22,579,510 491,500 SH SOLE 491,500 0 0
HUT 8 CORP COM 44812J104 80,509,850 1,752,500 SH Call SOLE 1,752,500 0 0
IMMUNOVANT INC COM 45258J102 72,878,174 2,866,962 SH SOLE 2,866,962 0 0
INDIVIOR PLC ORD G4766E116 183,318,024 5,109,198 SH SOLE 5,109,198 0 0
ISHARES BITCOIN TRUST ETF SHS BEN INT 46438F101 60,473,700 1,218,000 SH Put SOLE 1,218,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 258,468,000 1,050,000 SH Put SOLE 1,050,000 0 0
LUCID DIAGNOSTICS INC COM 54948X109 3,270,000 3,000,000 SH SOLE 3,000,000 0 0
META PLATFORMS INC CL A 30303M102 9,420,804 14,272 SH SOLE 14,272 0 0
NEBIUS GROUP N.V. SHS CLASS A N97284108 28,834,866 344,482 SH SOLE 344,482 0 0
NEKTAR THERAPEUTICS COM NEW 640268306 31,506,422 745,185 SH SOLE 745,185 0 0
ODYSSEY MARINE EXPL INC COM NEW 676118201 10,162,657 5,185,029 SH SOLE 5,185,029 0 0
ROIVANT SCIENCES LTD SHS G76279101 212,484,035 9,791,891 SH SOLE 9,791,891 0 0
ROIVANT SCIENCES LTD SHS G76279101 52,850,350 2,435,500 SH Call SOLE 2,435,500 0 0
SABLE OFFSHORE CORP COM SHS 78574H104 15,633,816 1,733,239 SH SOLE 1,733,239 0 0
SONOS INC COM 83570H108 5,662,433 322,462 SH SOLE 322,462 0 0
SOTERA HEALTH CO COM 83601L102 77,829,550 4,412,106 SH SOLE 4,412,106 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 613,728,000 900,000 SH Put SOLE 900,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 465,069,440 682,000 SH Put SOLE 682,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,449,080,000 2,125,000 SH Put SOLE 2,125,000 0 0
TALEN ENERGY CORP COM 87422Q109 146,927,534 391,974 SH SOLE 391,974 0 0
TERAWULF INC COM 88080T104 51,737,103 4,502,794 SH SOLE 4,502,794 0 0
USA TODAY CO INC COM 36472T109 74,945,998 14,552,621 SH SOLE 14,552,621 0 0
VISTRA CORP COM 92840M102 40,285,230 249,707 SH SOLE 249,707 0 0