Destiny Tech100 (DXYZ) shares jumped 11% during Thursday premarket trading.
Shark Tank investor Kevin O'Leary advocated for holding a diversified portfolio of private tech giants. The DXYZ fund includes holdings in SpaceX, OpenAI, and Anthropic. O'Leary suggested broad exposure is superior to picking single winners among anticipated IPOs.
A separate report issued Thursday indicated that some AI models remain cautious on DXYZ. This stance stems from concerns over cash burn and high stock volatility. These risks contrast with the company's attractive valuation metrics.