📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Tiger Global Billionaire Abruptly Dumps Nvidia, Pours $334,000,000 Into Surging US Asset - The Daily Hodl
A billionaire who made his fortune at Tiger Global just poured more than $300 million into a high-growth stock that’s skyrocketed over the last year.
Karthik Sarma, who now spearheads SRS Investment Management, sold all of the hedge fund’s massive investment in Nvidia (NVDA) between Q1 of 2024 and Q1 of 2025.
Now, new 13F filings show Sarma has piled about $334 million, purchasing 4.74 million shares, into Tapestry (TPR).
The luxury goods company, known for its premium handbag and accessories brands like Coach and Kate Spade, has seen its stock surge over 100% in the past 12 months.
Tapestry specializes in designing and retailing high-end fashion accessories, leveraging its iconic brands to capture the growing demand for luxury lifestyle products.
The company’s strong cash flows and strategic share-repurchase program may have also caught Sarma’s eye, with SRS Investment Management now allocating about 4.5% of the hedge fund’s portfolio to the new investment.
That makes Tapestry the fourth-largest allocation at SRS, following Pdd Holdings Inc. at 6.45%, Planet Fitness Inc. at 6.09%, and Meta Platforms Inc. at 5.75%, highlighting a strategic focus on e-commerce, fitness, AI and tech, alongside luxury retail.
Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
Generated Image: Midjourney