Dr. Timothy Darrah, co-founder and CEO of Mangrove, took the Enterprise Stage at the Bitcoin for Corporations Symposium during Bitcoin 2026 in Las Vegas on April 27, 2026. The three-minute showcase introduced Mangrove’s approach to finding alpha in digital asset markets to an audience of institutional operators, investors, and corporate treasury teams.
The pitch: everyone’s looking for alpha the wrong way
Darrah opened with his background building AI systems for safety-critical environments, including work with NASA, Deloitte, and the U.S. Army, before founding Mangrove and joining the faculty at Vanderbilt University’s College of Connected Computing. The throughline: financial markets share the same characteristics as the high-risk, complex systems he spent his career studying.
He then walked the audience through Mangrove’s data. The company’s open-source signal library generates approximately 50,000 strategies per day. Filter that pool for strategies outperforming Bitcoin by 10%, and 1.6 million candidates shrink to 12.
“This is not the way to look for alpha,” Darrah said. “Everybody’s looking for alpha the wrong way.”
The key insight: Mangrove’s research analyzes 21 distinct market regimes. In 19 of them, Bitcoin dominates. But in two specific regimes, the team finds 300 times the number of high-performing strategies, and those strategies beat Bitcoin by 20% or more.
Marco Polo vs. hide-and-seek
Darrah closed with an analogy that stuck: most firms searching for alpha are playing Marco Polo at a sold-out EDM rave. Everyone’s yelling, the music is deafening, and you’re never going to find what you’re looking for.
Mangrove plays hide-and-seek. Fewer players, quieter conditions, and the team knows which rooms to check.
Watch the full showcase
About the event
Bitcoin 2026 ran April 27-29 at The Venetian Convention and Expo Center in Las Vegas. The Bitcoin for Corporations (BFC) Symposium is the conference’s enterprise track, bringing together institutional investors, corporate treasury teams, and infrastructure builders. Mangrove was one of a select group of companies chosen to showcase on the Enterprise Stage.
To learn more about Mangrove’s AI Strategy Engine and research, visit mangrove.ai or explore the Developer API.
Mangrove provides trading tools and infrastructure, not financial advice. Digital asset trading involves significant risk, including potential loss of principal. Past strategy performance, whether backtested or live, does not guarantee future results. Users should consult a qualified financial advisor before making investment decisions.
