CoreWeave Insider Sells $335M in Shares Amid AI and Blockchain Boom
Magnetar Financial LLC, a major shareholder in CoreWeave, has offloaded $334.87 million worth of CRWV common stock over three days, marking its eleventh consecutive sale since the IPO lock-up expired. The cloud infrastructure provider, which supports AI and blockchain computing, has seen its shares surge 273% since its March 2025 debut.
Despite the sell-off, Magnetar retains a $1.41 billion stake through affiliated funds. Retail investors eyeing CoreWeave’s high-risk, high-reward trajectory should note the broader trend: IPO participants have liquidated billions in shares since August, even as demand for GPU-driven AI services continues to climb.