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

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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
ISHARES BITCOIN TRUST ETF SHS BEN INT 46438F101 108,216,835 3,250,731 SH SOLE 0 3,250,731 0 0
ISHARES GOLD TR ISHARES NEW 464285204 423,108,128 5,603,339 SH SOLE 0 5,603,339 0 0
KARDIGAN INC COM 485925101 403,471,261 16,917,034 SH SOLE 0 16,917,034 0 0
MADISON AIR SOLUTIONS CORP COM SHS CL A 55658T105 288,888,873 7,407,407 SH SOLE 0 7,407,407 0 0
QXO INC COM NEW 82846H405 230,160,217 13,319,457 SH SOLE 0 13,319,457 0 0
SPACE EXPLORATION TECHN CORP CLASS A COM STK 84615Q103 1,027,477,716 6,013,565 SH SOLE 0 6,013,565 0 0