Add as a preferred source on GoogleMETA Short Position Is Valued at $6.85 Million Amid Meta’s $35 Billion Offering
The share sale includes $22.5 billion in common stock and $12.5 billion in mandatory convertible preferred stock; a separate $60 billion at-the-market program would bring potential financing to $95 billion.
A large trader’s META perpetual short grew to about $6.85 million after Meta announced a roughly $35 billion share offering, while META’s largest long trader added exposure.
Meta’s offering includes $22.5 billion in common stock and $12.5 billion in mandatory convertible preferred stock. The company also plans a separate at-the-market stock issuance of about $60 billion.
The short position increased by 4,213.37 positions after about $2.66 million in net selling, reaching 10,818.06 positions. It was valued at about $6.85 million, with an average entry price of $635.47 and an unrealized gain of about $22,800.
META’s largest long trader bought 10,000 positions for about $6.35 million, raising the total to 40,000. The average entry price fell from $680.95 to $669.54, while the position remained down about $1.45 million on paper.
Meta’s broader equity-financing plan includes a separate $60 billion at-the-market program that could begin in 2027.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.