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CoreWeave Insider Sells $335M in Shares Amid AI and Blockchain Boom

CoreWeave Insider Sells $335M in Shares Amid AI and Blockchain Boom

Published:
2025-10-13 12:30:03
15
2
BTCCSquare news:

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.

|Square

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