Source item
Open original source ↗If you’re curious why $NBIS is up after hours.
$NVDA disclosed it owns 9.3% beneficial ownership of Nebius via SEC filings.
Not exactly too new since it dates back to Nvidia’s existing share position of 1.19M shares + $2B prefunded warrant of ~21M shares.
But great for sentiment having Nvidia be a large shareholder of the Neocloud leader.