Past performance does not predict future results. Informational only, not investment advice.
Prasad Sohail (President and CEO at Destiny Tech100 Inc.) reported an open-market purchase of 56,000 shares of DXYZ at an average $31.56, roughly $1,767,344, in a Form 4 filed 2026-09-08.
DXYZ holds significant stakes in Anthropic and OpenAI, with current NAV at $34.30 (7% upside). The author expects both companies to achieve high revenue growth and margins by 2028, with strong network effects and capital barriers protecting durability, driving substantial post-IPO appreciation.
DXYZ trades below NAV with 15% exposure to Anthropic pre-IPO; value should double or triple once Anthropic's valuation is disclosed. Small 30M share float and retail demand displaced from direct Anthropic offerings should push it to a premium and drive significant upside.
DXYZ is trading near NAV despite major unrealized gains in Anthropic (up to $1T valuation from $350B), SpaceX (planned $1.75T IPO from $800B), and other high-growth private holdings (Shield AI, Databricks, OpenEvidence, OpenAI). The fund's reported NAV is stale (end 2025) and doesn't reflect these appreciation gains, making the current market price a significant discount to intrinsic value.
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