SoftBank Group's fiscal Q2 earnings presentation revealed that the company has been aggressively engaging in asset monetisation activities in recent months. The Japanese conglomerate has been divesting from key holdings, with notable sales in Nvidia and T-Mobile, to fuel its larger vision centred around AI innovation.
The Tuesday earnings release showed that SoftBank sold its entire Nvidia stake of 32.1 million shares in October for $5.8 billion (£4.4 billion). The company also offloaded 40.2 million T-Mobile shares for $9.1 billion (£6.9 billion) between June and September. Additionally, $2.3 billion (£1.7 billion) was generated from the settlement of collar transactions involving Deutsche Telekom shares, as well as the partial sale of Deutsche Telekom shares.
