Domination in America, Starting from being a Boxing Champion

Chapter 475 - 391 NVIDIA Shares

After bidding farewell to Ms. Anna, Link jumped from the deck into the sea for a swim.

Sasaki Nozomi watched from the deck for a while before exhaling softly and jumping in after him.

Her swimming skills were decent, with slender legs that made for an attractive sight, but her stamina was limited, and soon she became too exhausted to swim on. Link took her to dive under the sea, trying to emulate the actions from a adult movie.

After several attempts, which weren't quite satisfying, they returned to the yacht.

Having spent a few days at sea, most of his concerns were evaporated by the sun, and he regained some spirit.

By late March, he flew back to New York.

Nozomi stayed in Miami. In early March, a magnitude nine earthquake struck the northeast Pacific region of Japan, leading to a leak of radioactive materials from two nuclear power plants in Fukushima, causing panic among the Japanese people.

The crisis was not yet over at this stage, and the surrounding area was severely contaminated, making it safer for Nozomi to stay in Miami.

Just after Link returned to New York, he received good news from Ms. Cathy Wood. The fourth-largest shareholder of NVIDIA Corporation, State Street Capital, agreed to transfer 3.72% of its shares at a price of 550 million US dollars.

State Street Capital also proposed a method of transaction: to swap with the Twitter shares he held.

Considering that Twitter's market value was under 50 billion US dollars, about one-third of NVIDIA's, he would need to exchange about 12.7% of Twitter shares for the deal.

After the third round of financing, Link was left with only 14.5% of Twitter's shares.

If he agreed to the trade, his shareholding in Twitter would plummet to below 3%.

Link requested that Cathy continue negotiations with them.

Although NVIDIA's market value was higher than Twitter's at the time, Twitter's growth rate was much faster than NVIDIA's. At the beginning of the previous year, its market value had just crossed one billion dollars, by August it had reached two billion, and after a successful round of financing early in the year, it had climbed to four billion, with projections it would hit ten billion by year's end.

Twitter Company was planning to go public the next year, and the question was whether it could become the next Facebook and enter into the hundred billion-dollar company club?

Many investment banks on Wall Street gave affirmative answers.

Professional media like The Wall Street Journal expressed strong confidence in Twitter's development, recognizing Twitter's significant role in the social networking field. With over eighty million followers on the Twitter platform, Link was the celebrity with the most followers across all major social networks.

This also indicated Twitter's vast potential.

It also kindled investors' enthusiasm; since Twitter's third round of financing, many consortia and investors wanted to get their hands on Twitter shares, driving the market value continually higher.

And as the second-largest shareholder, Link's stakes became a coveted asset among the consortia.

Based on the current situation, it was inappropriate to swap shares at the market price for NVIDIA shares.

After several rounds of discussions, State Street Capital agreed to a 11.3% Twitter share exchange, which was their bottom line.

After considering it, Link opted for the trade, exchanging 9.3% of his Twitter shares and eighty million in cash and securities for State Street Capital's 3.72% stake in NVIDIA.

Although Twitter's market value at one point exceeded two hundred billion US dollars after going public, the company struggled with advertising and promotion profitability and gradually fell behind in competition with platforms like Facebook, Instagram, Weibo, etc., posting deficits of hundreds of millions of dollars each year.

This led to a significant reduction in Twitter's user base and a substantial drop in market value.

In 2022, when Musk fully acquired Twitter for 44 billion US dollars, it was partly due to Twitter's poor management.

In 2023, NVIDIA's market value successfully exceeded one trillion, becoming the fifth American internet technology giant after Apple, Microsoft, Google, and Amazon to join the 'trillion-dollar club'. In 2024, its market value surpassed two trillion, showing even greater potential than Twitter.

Upon completing the transaction, Link held a total of 5.3% of NVIDIA Corporation shares.

Of these, 1.6% were purchased by Cathy and her investment team from the stock market and other shareholders, costing him more than two hundred million in cash reserves.

After acquiring 5.3% of NVIDIA Corporation shares, Link became the sixth-largest shareholder of the company.

The first was Vanguard Asset Management Company, with around 13.31%, the second was BNY Mellon with about 12.1%, Fidelity Management & Re