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
Two wallets that had been silent for 949 days spent 12.37 million DAI to buy 7738 ETH 7 hours ago
Virtuals Protocol launches Genesis, a new token distribution mechanism based on contribution
EigenLayer announces that the penalty mechanism is now live on the mainnet
A whale bought 3,659.83 ETH with 5.88 million DAI after sleeping for 2.8 years
Trending news
MoreCrypto prices
More
