Peter Thiel Plans to Sell $280 Million in Palantir Stock

BlockBeats News, March 3rd, Peter Thiel filed a plan to sell up to 2 million shares of Palantir (PLTR) Class A stock worth approximately $280 million via an SEC 144 form.

Analysis indicates that despite the large scale of this sale, Peter Thiel will still hold about 229 million shares, representing the majority of his total holdings; Palantir's stock price has recently seen a significant rise due to defense contracts and AI demand, and this news may trigger short-term volatility.

According to Bitget market information, as of the time of publication, Palantir is down 0.99% in pre-market trading, currently at $143.74.