SoftBank's Vision Funds show improvement, but $6.2 bln loss hits hard
SoftBank's Vision Funds have recorded a second quarter of gains, according to the company's finance chief, Yoshimitsu Goto. However, SoftBank's Q3 losses of $6.2bn, including further writedowns on WeWork and currency fluctuations, sent the company's shares down 9%. SoftBank's CEO, Masayoshi Son, is reportedly looking to target new investments.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Traders still riding on ‘hot altcoins’ despite Bitcoin pullback: Santiment
Pump.fun suspends livestream feature amid backlash
pump.fun’s anonymous founder said they would work to protect users from seeing “repulsive/dangerous content”
Spot bitcoin ETFs end positive streak with $438 million outflows; BTC dips to $94,500
U.S. spot bitcoin ETFs reported a total daily outflow of $438 million on Monday.Monday’s net outflow ended a five-day streak of net inflows that brought $3.4 billion into the spot bitcoin ETFs.Meanwhile, bitcoin has retraced some of its gains over the past few days, now trading at around $94,500.
MicroStrategy Buys Additional 55,500 Bitcoins for $5.4 Billion
Trending news
MoreCrypto prices
More
