Data: Since September 2025, the ratio of private company holdings to market value has increased by 13 times.

Wu Shuo learned that, according to Artemis data, since September 2025, users’ interest in private companies has grown significantly. The holdings-to-market-value ratio of PreStocks and Ventuals has increased 13-fold, with holdings reaching $26 million. Anthropic and SpaceX account for the bulk of the holdings; weekly trading volume has also peaked at over $100 million.

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