qfx

On October 16, 2025, the financial world received its daily dose of paperwork-the kind that makes markets tick like a well-calibrated cuckoo clock. Buried within QSM’s SEC filing was news that would make any appliance store manager wince: the fund had decided Whirlpool wasn’t quite the “must-have” item it once seemed. After this culinary divorce, QSM still held 40,456 shares (worth $3.13 million), though their portfolio now resembled more of a toaster oven than a full kitchen suite.

In this deluge, two vessels emerge: Palantir and Snowflake. Not merely companies, but living organisms with roots in silicon and branches reaching toward the cloud. Their growth charts are not graphs but sonnets-each data point a carefully chosen word in the poetry of compounding.

Bitcoin’s fall didn’t rattle Cipher much. Its stock had already vaulted 24.7% earlier in the week, a climb that felt less like a rally and more like a desperate sprint. The question wasn’t why Cipher rose-it was why Bitcoin didn’t drag it down.