Bitcoin Boom: Pythagoras Fund Crushes the Crypto Game with 204% Return!
AI-Driven Strategies Propel Pythagoras Fund to Crypto Stardom
From Bull Market to Big Wins: Pythagoras Dominates Crypto Investment in 2024
The Future of Crypto Investing: Pythagoras’ Alpha Strategy Delivers 3x Bitcoin Returns
Will 2025 Be the Year of Bitcoin’s National Reserve?
Bitcoin (BTC), the leading cryptocurrency by market value, surged 121% last year, surpassing the six-figure mark and outperforming traditional assets. However, its performance was eclipsed by Pythagoras Investment Management’s Alpha Long Biased Strategy, which achieved an extraordinary return of 204% in 2024.
The fund, blending a BTC base position with two uncorrelated strategies, generated a return nearly three times higher than the typical buy-and-hold bitcoin approach. Pythagoras charges an incentive fee only if its fund outperforms Bitcoin’s returns.
The Alpha Long Biased Strategy employs:
Momentum Market Timing Strategy: Uses machine learning and pattern recognition to dynamically optimize exposure, leveraging short-term market trends.
Long-Short Market Selection Strategy: A dollar-neutral portfolio built using a proprietary AI model, making long investments in high-potential tokens while shorting underperforming ones.
The fund’s allocation is calibrated to maximize returns relative to Bitcoin’s performance. Despite its remarkable returns, the Alpha Long Biased Strategy managed just $7 million in assets under management (AUM) by year-end, experiencing a 2% drawdown in December as BTC retreated from its highs of $108,000 to $93,000.
Other Pythagoras funds also delivered solid returns:
Arbitrage Strategy: 18% annual gain with $45 million in AUM.
Quant Long-Short Fund: 30% annual return, $23 million AUM.
Absolute Return Strategy: 41.7% annual return, managing $158 million in client assets.
The combined AUM for all Pythagoras funds soared from $80 million in 2023 to over $230 million in 2024, as the bull market bolstered investor sentiment.
Bullish Outlook for 2025
Pythagoras anticipates the bull market will persist, supported by favorable U.S. regulatory developments and increased corporate and sovereign demand for Bitcoin.
CEO Mitchell Dong emphasized potential catalysts, including the new administration’s pro-crypto stance and discussions about creating a national strategic Bitcoin reserve. “With over 290 pro-crypto members in Congress, we expect supportive legislation for the cryptocurrency industry to gain momentum,” Dong said.
He also predicted a competitive race among nations and companies to accumulate Bitcoin. Companies may follow MicroStrategy’s lead in adopting BTC as a strategic asset.
Animoca Brands Co-Founder Yat Siu’s X Account Hacked to Spread Fake Token Scam