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BearishMEDIUM severityTech & AI3d ago

Ken Griffin says Citadel unwound more than 80% of risk tied to Situational Awareness portfolio

Reported by CNBC · cnbc.com · August 21, 2026

Citadel has unwound more than 80% of the portfolio risk it acquired from Situational Awareness through over $4 billion in block trades, said Ken Griffin.

What the tape says

What to watch: Block Inc. (XYZ) is involved in M&A activity valued around 80% — deal terms and financing structure matter more than the headline here.

Amount
$4 billion
Change
80%

Market reaction today: $XYZ -0.95%

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