CoreWeave Founders Sell $3.3 Billion in Shares Since IPO
MT newswire2026/10/15 23:05Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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07:05 PM EDT, 10/15/2026 (MT Newswires) -- CoreWeave (CRWV) co-founders Michael Intrator, Brian Venturo and Brannin McBee have sold $3.3 billion in company shares since its March 2025 initial public offering, including $2.4 billion in 2026, Bloomberg reported Thursday. The three founders still collectively own about 20% of CoreWeave, a company spokesperson told Bloomberg. The report said the founders' share sales accelerated as the stock fell more than 60% from its June 2025 peak amid investor concerns about artificial intelligence spending and rising credit risks.
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