SoftBank Vision Fund reported a loss of approximately $4.992 billion in the third fiscal quarter, with investment losses of about $5.526 billion

ChainCatcher news, SoftBank released its latest financial report showing that the Vision Fund recorded a loss of 660.1 billion yen (approximately 4.992 billion USD) in the third quarter, compared to a profit of 50.35 billion yen (approximately 0.381 billion USD) in the same period last year. The Vision Fund's investment loss in the third quarter was 730.36 billion yen (approximately 5.526 billion USD).

It is reported that SoftBank wrote down its FTX investment to zero on November 15, 2022, claiming that "the investment in FTX was less than 100 million USD," and it only accounted for a small portion of its 1 trillion USD Vision Fund, which would not have a material impact on the overall company's share value. (Source link)