NBIS

Was the writing on the wall?

BlackRock's massive increase in its position in NBIS preceded huge deals with Nvidia and Meta, but new debt financing is shaking the stock.

By the SpyStocks desk · 5mo ago · 2 min read

Was the writing on the wall? $NBIS

Pay attention to this:

Just a month ago we reported here on very unusual activity that was happening behind the scenes at Navios

Like a bolt from the blue, BlackRock decided to increase its position in Navios by 40,000%

Such a thing doesn't just happen.

BlackRock is the largest investment firm in the world, managing trillions of dollars.

Their influence and connections are immense.

How immense?

Pay attention to the chain of events that occurred at Navios, a short time after BlackRock increased its position.

A few days ago, Navios announced a deal with Nvidia worth $2 billion.

The day before yesterday, Navios reported a huge deal with Meta Platforms totaling approximately $27 billion

This is the largest deal in the company's history.

The stock of $NBIS reacted with gains of approximately 16%

In fact, from our report until the close the day before yesterday, Navios' stock price jumped by more than 30%

We would not be surprised at all to find out that BlackRock is personally involved in these deals.

But wait,

You are probably asking yourselves then, why did the $NBIS stock plunge 11% yesterday?

The reason for the stock drop you are seeing comes after capitalizing on yesterday's events and Navios' announcement of a debt offering via bonds.

Investors? They don't like it.

This could dilute their stake in the company.

But in fact, this money is not going to cover debts or tax payments, it is going towards infrastructure expansion.

We will continue to monitor and update.

Later today, the drama shaking Wall Street: we are currently gathering all the details for you. Be ready.

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