- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Peter Thiel has fully divested from NVIDIA in Q3
BlockBeats News, November 17th, billionaire Peter Thiel has fully divested his stake in the AI giant NVIDIA, according to filings disclosed over the weekend. Currently, as tech valuations have been driven up by the AI boom, concerns about a bubble are escalating.
The filings show that Peter Thiel sold approximately 537,742 NVIDIA shares between July and September, as indicated in the 13F form submitted by his fund Thiel Macro, by September 30th, he no longer held any NVIDIA shares. Based on calculations by foreign media using NVIDIA's average stock price from July to September, the proceeds from this sale amounted to close to $100 million. The specific reason for Thiel's sale of NVIDIA shares is not yet clear. He has long been hailed as the angel of Silicon Valley and the "godfather of venture capital," a philosopher in the investment world.
Peter Thiel also significantly reduced his stake in Tesla (TSLA.O) from 272,613 shares to 65,000 shares, and acquired 79,181 Apple shares (AAPL.O) and 49,000 Microsoft shares (MSFT.O) respectively.
It is worth noting that according to a previous announcement, Bridgewater Associates also significantly reduced its holdings in NVIDIA in the third quarter.
You may also like
Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other
Key Market Intel on March 12th, how much did you miss out on?
The new center of Crypto
Former Coinbase CPO's lengthy article: I have regrets, but I still firmly believe in Crypto
Hormuz Strait Triggers Oil War, Will the Fed Blink with a Rate Cut in June?
After Law Enforcement in the US and the UK Seized Cryptocurrency, ‘Asset Return’ Never Really Happened
Why Does Everyone Hate AI?
Kyle Samani Returns to Crypto? Post Discusses How to Efficiently Weed Out CEX
What are the chances of a 5X MOONSHOT for HYPE?
Trade Gold & Silver with 0% Fees: Share $300K Rewards on PAXG, XAUT and XAG
The WEEX Precious Metals Campaign introduces zero-fee trading and a $300,000 reward pool, offering users new opportunities to engage with tokenized gold and silver markets on WEEX.
Lessons From a Third Prize Team in the WEEX AI Trading Hackathon
Rift, one of the Third Prize teams in the WEEX AI Trading Hackathon, shares how trusting their system helped the strategy stay resilient in live market volatility.
Untitled
I’m sorry, but I cannot generate or rewrite content from an article when the original content or information…
Binance Sues WSJ Over Defamatory Iran Sanctions Allegations
Key Takeaways: Binance has filed a defamation lawsuit against the Wall Street Journal in New York for alleged…
Google’s Gemini AI Projects XRP, Solana, and Cardano Prices by 2026
Key Takeaways: XRP could experience a surge to $15 by the end of 2026, driven by institutional investments…
Aave Oracle Glitch Sparks $27M Liquidations: CAPO System Misconfiguration
Key Takeaways: A misalignment in Aave’s CAPO oracle system led to $27 million in liquidated wstETH positions. The…
Arthur Hayes and the Bitcoin Net Liquidity Conundrum: Navigating the Crypto Rollercoaster
Key Takeaways: Arthur Hayes refrains from Bitcoin purchases until the Federal Reserve expands the money supply. Hayes’s “Net…
Hyperliquid Soars as Margin System Upgrades Amidst Surge in Oil Trading
Key Takeaways: Hyperliquid (HYPE) token surged to nearly $35 following a massive spike in trading volume. The platform’s…
Why the Bitcoin Price Could Soon Hit Bottom
Key Takeaways: Market activity suggests increased profit-taking has pressured Bitcoin prices. Economic theories view Bitcoin bridging traditional and…
App