Sovereign research
First-principles thinking, not recycled takes.
1×
PER WEEK
~12K
WORDS
Zhan Capital is a thesis-driven investment firm researching and investing at the intersection of sovereign AI infrastructure, energy systems, and digital monetary networks. The firm focuses on physical-world value creation through the post-software cycle, with expertise in hashprice modeling, rare earth supply chains, and nuclear energy. Built for depth, not noise.
Three directions, one discipline.
First-principles thinking, not recycled takes.
Allocated where conviction is highest.
Energy, infra, logistics — where bits meet atoms.