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Bitwise cuts 14% of global headcount, team falls to around 155

8/12/2026

A 14% workforce reduction has brought Bitwise Asset Management's global team to roughly 155 employees. CEO Hunter Horsley disclosed the figures to The Block.

Working the math backward: at a 14% cut and a post-cut count of 155, the prior roster was approximately 180, meaning roughly 25 positions were eliminated.

The headcount math Horsley gave The Block two numbers: a 14% rate and a post-cut count near 155. Divide 155 by 0.86 and the implied pre-cut headcount lands at roughly 180. Implied positions eliminated: approximately 25.

| Metric | Figure | Status | |---|---|---| | Reduction rate | 14% | Reported | | Post-cut global headcount | 155 | Reported | | Implied pre-cut headcount | 180 | Derived | | Implied positions eliminated | 25 | Derived | Source: CEO Hunter Horsley via The Block.

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