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Billionaires Sell Nvidia Stock and Buy a BlackRock ETF Wall Street Experts Say May Soar Up to 15,375%
BLKBlackRock(BLK) The Motley Fool·2025-03-01 08:40

Group 1: Nvidia - Nvidia reported a 78% increase in revenue to 39.3billioninthefourthquarter,drivenbystrongdatacentersales,withnonGAAPnetincomerising7139.3 billion in the fourth quarter, driven by strong data center sales, with non-GAAP net income rising 71% to 0.89 per diluted share [3] - Despite strong financial results, Nvidia's stock has declined approximately 10% since the report, partly due to a 3-percentage point contraction in gross margin, indicating a potential loss of pricing power [4] - Nvidia's GPUs are recognized as leading AI accelerators, supported by its CUDA platform, which includes extensive software development tools and pretrained AI models, making competition challenging [5] - Wall Street anticipates a 50% increase in Nvidia's adjusted earnings for fiscal 2026, suggesting the current valuation of 40 times adjusted earnings is relatively low [6] Group 2: iShares Bitcoin Trust - The iShares Bitcoin Trust has seen Bitcoin prices rise 35% over the past year to 84,000,withexpertspredictingsignificantfuturepriceappreciationduetofactorsliketheadoptionofspotBitcoinETFsandperiodichalvingofminingsubsidies[7][11]TheiSharesBitcoinETFachievedthehighestnetinflowsduringitsfirstyearonthemarket,indicatingstronginvestorinterest[10]NotablehedgefundmanagershaveshiftedtheirportfoliosbysellingNvidiasharesandincreasingtheirpositionsintheiSharesBitcoinTrust,withsignificantpurchasesmadebyIsraelEnglander,KenGriffin,andDavidShaw[8]PredictionsforBitcoinsfuturepricevarywidely,withestimatesrangingfrom84,000, with experts predicting significant future price appreciation due to factors like the adoption of spot Bitcoin ETFs and periodic halving of mining subsidies [7][11] - The iShares Bitcoin ETF achieved the highest net inflows during its first year on the market, indicating strong investor interest [10] - Notable hedge fund managers have shifted their portfolios by selling Nvidia shares and increasing their positions in the iShares Bitcoin Trust, with significant purchases made by Israel Englander, Ken Griffin, and David Shaw [8] - Predictions for Bitcoin's future price vary widely, with estimates ranging from 1 million by 2033 to $13 million by 2045, indicating potential upside of 1,090% to 15,375% from current levels [9]