SuRo Capital: Riding The AI Wave Without A Safety Net
2026-02-25 05:09:14 ET
My thesis
In my view, SuRo Capital ( SSSS ) started 2026 with a radically changed situation, where easy money had already been earned. After successful CoreWeave and ServiceTitan position realization in 2025 share price increased to around the 9.50 level, practically aligning with the last announced $9.23 in net asset value. This fundamental change from the historical 20-30% discount, with which the fund was traded from 2022 to 2024, occurred in the bear market. The market effectively got rid of the safety margin, fully accounting for OpenAI and the potential of a new TensorWave investment , which is a $20 million commitment. Currently, investors are buying private assets in the open market with no discount, and this historically has been a risky entry to the Business Development Company sector....
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SuRo Capital: Riding The AI Wave Without A Safety Net
NASDAQ: SSSS
SSSS Trading
15.79% G/L:
$10.01 Last:
527,553 Volume:
$9.18 Open:
