Masters of the Intangible Universe
Bitcoin Denominator Group, LP
One thing feels increasingly clear, in a world that’s moving away from centralized trust and toward multipolar competition, an asset that doesn’t require you to trust any single counterparty is a forward-looking one.
The world order is changing
The question worth asking is whether your positioning reflects the world as it was, or the world as it’s becoming
General Partners
Jeffrey Tiefenthaler
Founding General Partner & Manager
Most investors focus on returns without questioning the denominator those returns are measured against.
- Began career at Microsoft in 2011, where he developed a passion for combining technology with financial markets.
- Develops proprietary investment management and auto-order execution software, licensing 300+ algorithms to trading partnerships and high-net-worth individuals.
- Global traveler, having visited all 7 continents and 65+ countries.
Matthew Slagle
Co-Founder & Chief Technical Officer
In environments like this, the question isn’t just what assets you own, it’s what assumptions your portfolio is built on.
- Seasoned Software Engineer & Fintech Entrepreneur with specializing in custom automated trading systems and AI development.
- Building sophisticated trading solutions for equities, options, and crypto markets.
- Over a decade in public markets and crypto, applying technical rigor and market insight to digital asset strategies.
Track Record Overview
The performance results reflect unaudited, dollar-weighted returns of Track Record Accounts managed by the Founding General Partner prior
to the launch of the Bitcoin Denominator Group LP.
Performance Analysis: Period from January 2021 – December 2025
- Starting AUM: $754,508 in January 2021
- Ending AUM (Dec 2025): $3,228,628
- Total Return: +327.9%
- Capital Multiple: 4.28x
- Time Period: 4.92 years (59 months)
- CAGR: 34.4%
- Maximum Drawdown (peak-to-trough): -26.98%
Annualized Performance (CAGR) – Relative Comparison. Reflects compounded returns over the full measurement period.
- Portfolio CAGR: 34.4%
- Bitcoin CAGR (BTC): 21.05%
- SPY (S&P 500 ETF): 13.24%
- GLD (Gold ETF): 18.42%
Would you like to check out our data room?
This fund is designed for investors who:
- Need proven professional management in the digital asset space.
- Seek long-term capital appreciation.
- Are comfortable with volatility and multi-year horizons.
- Want measured exposure within a disciplined framework.
- Investors with existing income sources looking to diversity some of their portfolio.
- Conservative and prudent investors seeking proper exposure.
