Destiny Tech100 Sells $715M in Q2 ATM Shares at $34.25, Deploys $169M into OpenAI, Fluidstack, Boom
DXYZ sits 76% above its 52-week low of $19.711.
Summary
Destiny Tech100 raised $715M net via ATM sales in Q2 2026 and deployed $169M into new AI and aerospace investments, including a $150M OpenAI position.
Key Events · Financing and Capital Events · DXYZ
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Q2 ATM Sales Total $715M Net
Under the Jefferies ATM, 17,191,674 shares were sold at a $34.25 weighted average price, generating $715,442,732 in net proceeds after commissions and fees.
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NAV Set at $34.30 Per Share
As of June 30, 2026, net asset value stands at $34.30 per share, with total portfolio value of approximately $1.64 billion.
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$169M Deployed into New Investments
Post-quarter deployments include $150M into Goanna Capital 26E LLC (OpenAI Class A), $15M into Magnitude FSTK LLC (Fluidstack Series B), and $4M into Boom Technology via SAFE.
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Portfolio Concentration in AI and SpaceX
Top holdings include Magnitude ANC III (Anthropic) at 14.4% of portfolio, DXYZ SpaceX I LLC at 7.0%, and Goanna Capital 26E (OpenAI) at 2.1% before the new $150M investment.
Analysis · DXYZ · Unknown
A $715 million net raise through the at-the-market program during Q2 2026 underscores the fund's aggressive capital strategy, with 17.2 million shares sold at a $34.25 average price and dilution continuing under the $1 billion ATM. The proceeds fueled a $169 million push into three private tech names, including a $150 million OpenAI position, signaling a decisive portfolio expansion. With NAV at $34.30 per share against a market price of $34.74, the stock trades at a slight premium to its underlying holdings.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30.1% of the 2014 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.11%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, DXYZ was trading at $34.74 on NYSE in the Unknown sector, with a market capitalization of approximately $1.1B. The 52-week trading range was $19.71 to $72.87. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.