Stillmark is a generalist fund in the Bitcoin field investing across the spectrum of Bitcoin innovation: infra, apps, mining, dev tools, etc.

In Q3 2022, we've been particularly excited about infrastructure and mining. On the former, there's still critical infrastructure to be built to financialize BTC and to progress LN for payments. You see this reflected in our most recent investment activity: Hoseki, Amboss, IBEX, Voltage.

Another thing that these teams share, along with the rest of our portfolio companies, is that they're led and staffed by very high quality decision makers, engineers, and operators. Talent comes first. Stillmark has been very fortunate to partner with incredibly gifted entrepreneurs and that quality is much more important than sector or company type.