Tesla investor spends $180M to buy 1 million NVIDIA shares, calls AI "just the beginning"

KuCoinFlash

Release Time: 03/04/2026 09:16:37

Summary

Tesla investor Leo KoGuan spent $180 million to buy 1 million NVIDIA shares, calling AI "just the beginning." The move reflects strong investor confidence in AI-driven markets. KoGuan plans to purchase another 1 million shares soon. Altcoins to watch may benefit from this growing enthusiasm for technology. The trade was executed at $180.05 per share.

BlockBeats news, on March 4, billionaire Leo KoGuan, who previously gained attention as one of Tesla's (TSLA.O) largest individual shareholders, said he purchased 1 million shares of NVIDIA (NVDA.O) on Tuesday.

Leo posted on X on Wednesday: "I firmly believe AI is not a bubble; this is just the beginning." He later added: "I plan to buy another 1 million shares of NVIDIA soon, to show support for the nervous market."

NVIDIA closed at $180.05 in New York on Tuesday, meaning the 71-year-old billionaire paid approximately $1.8 billion for it. According to the Billionaires Index, his net worth stands at $12.8 billion. (GoldTen)

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