NFT stands for Non-Fungible Token. It is a digital asset that can be identified through its unique qualities held within its metadata. Due to the way they are designed and minted, NFTs are unique and cannot be replaced, altered, or changed in any way. Once they have been created, they will be permanently etched on the blockchain’s public ledger for all to see. The NFT concept includes major US-listed companies that engage in the NFT industry.
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In the second quarter of the subprime mortgage "big short" movement! As the stock investment portfolio is halved, shareholding alibaba becomes the top holding.
Michael Burry's investment company, Scion Asset Management, reported that the company increased its holdings of 0.03 million shares of Alibaba stocks in the second quarter, and the holding value increased from 9 million US dollars in the first quarter to 11.2 million US dollars. In the second quarter, Scion also increased its holdings of over 0.03 million shares of Baidu stocks, with a holding value of 6.5 million US dollars at the end of June. After clearing out popular US stocks in the first quarter, the company significantly reduced its US stock holdings in the second quarter.