ByteDance hit a fresh valuation of about $480 billion after a Chinese investment firm grabbed a block of its shares in a heated auction that ran on Wednesday, according to data from Bloomberg. The stake, sold by Bank of China Group Investment, was first priced near $200 million, which reflected a $360 billion valuation for […]ByteDance hit a fresh valuation of about $480 billion after a Chinese investment firm grabbed a block of its shares in a heated auction that ran on Wednesday, according to data from Bloomberg. The stake, sold by Bank of China Group Investment, was first priced near $200 million, which reflected a $360 billion valuation for […]

Capital Today sends ByteDance valuation to $480 valuation after seven-bidder share auction

ByteDance hit a fresh valuation of about $480 billion after a Chinese investment firm grabbed a block of its shares in a heated auction that ran on Wednesday, according to data from Bloomberg.

The stake, sold by Bank of China Group Investment, was first priced near $200 million, which reflected a $360 billion valuation for ByteDance, but that price did not survive the bidding war for long.

The auction pulled in around seven bidders, the people said, and the number kept pushing the price higher. Capital Today, run by Kathy Xu, ended up paying close to $300 million for the shares.

The valuation implied by that final bid landed just below half a trillion dollars, showing how much investors still want exposure to ByteDance even with the pressure around TikTok’s future in the United States.

Capital Today wins the auction and pays up

The stake sale marks one of the biggest secondary trades tied to ByteDance this year, the people said. The interest came from the fact that the bank’s block of stock was a rare batch of existing shares available in size.

One person involved in the talks allegedly said bidders saw it as a chance to buy into a company that has strong global reach, fast‑moving artificial‑intelligence tools and massive content and ads demand.

The firm was founded in 2012 by Zhang Yiming and has built several of China’s most used digital platforms.

TikTok alone has roughly 170 million users in the US, but the platform remains under political pressure. The Trump administration is working on a deal that would move the majority ownership of TikTok’s US operation to American investors.

A forced sale had long been a threat hanging over ByteDance, but the current talks aim to avoid the harshest scenario.

Reportedly, ByteDance may still keep around half of the profit from the US business even after it gives up majority control.

Trump has said publicly that the TikTok deal is “basically done” and tied it to larger US‑China trade discussions. Beijing has not said whether it will approve the deal, leaving the final step open.

ByteDance buybacks rise and investors lift valuations

The new valuation from Capital Today lands far above recent internal numbers. In September, ByteDance started a buyback plan for employees at around $330 billion, the people said. The company is also preparing its annual buyback program for institutional investors this month.

Several major holders, including SoftBank Group and Fidelity Investments, have already increased the value of their stakes to more than $400 billion, according to earlier Bloomberg reporting.

The jump also puts ByteDance close to the world’s most valuable startup. OpenAI sits at roughly $500 billion, based on CB Insights data, while Elon Musk’s SpaceX stands near $400 billion.

Investors who joined the auction told contacts that the price jump made sense because the company’s AI systems, ads engine and global content footprint are expanding fast.

Xu, who founded Capital Today, has backed several of China’s major tech names, including Meituan and JD.com. People close to the auction said her win reflects the scale of interest in ByteDance anytime a meaningful block of shares becomes available.

The smartest crypto minds already read our newsletter. Want in? Join them.

Market Opportunity
BounceToken Logo
BounceToken Price(AUCTION)
$5.422
$5.422$5.422
+9.22%
USD
BounceToken (AUCTION) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CME Group to Launch Solana and XRP Futures Options

CME Group to Launch Solana and XRP Futures Options

The post CME Group to Launch Solana and XRP Futures Options appeared on BitcoinEthereumNews.com. An announcement was made by CME Group, the largest derivatives exchanger worldwide, revealed that it would introduce options for Solana and XRP futures. It is the latest addition to CME crypto derivatives as institutions and retail investors increase their demand for Solana and XRP. CME Expands Crypto Offerings With Solana and XRP Options Launch According to a press release, the launch is scheduled for October 13, 2025, pending regulatory approval. The new products will allow traders to access options on Solana, Micro Solana, XRP, and Micro XRP futures. Expiries will be offered on business days on a monthly, and quarterly basis to provide more flexibility to market players. CME Group said the contracts are designed to meet demand from institutions, hedge funds, and active retail traders. According to Giovanni Vicioso, the launch reflects high liquidity in Solana and XRP futures. Vicioso is the Global Head of Cryptocurrency Products for the CME Group. He noted that the new contracts will provide additional tools for risk management and exposure strategies. Recently, CME XRP futures registered record open interest amid ETF approval optimism, reinforcing confidence in contract demand. Cumberland, one of the leading liquidity providers, welcomed the development and said it highlights the shift beyond Bitcoin and Ethereum. FalconX, another trading firm, added that rising digital asset treasuries are increasing the need for hedging tools on alternative tokens like Solana and XRP. High Record Trading Volumes Demand Solana and XRP Futures Solana futures and XRP continue to gain popularity since their launch earlier this year. According to CME official records, many have bought and sold more than 540,000 Solana futures contracts since March. A value that amounts to over $22 billion dollars. Solana contracts hit a record 9,000 contracts in August, worth $437 million. Open interest also set a record at 12,500 contracts.…
Share
BitcoinEthereumNews2025/09/18 01:39
The best IPO stocks to watch in 2026

The best IPO stocks to watch in 2026

The post The best IPO stocks to watch in 2026 appeared on BitcoinEthereumNews.com. This year has seen more than two hundred companies going public, and with some
Share
BitcoinEthereumNews2025/12/31 19:26
Stop Building AI Features Without Doing This First

Stop Building AI Features Without Doing This First

In social media, precision matters, especially in the wild context of comment threads. Think Outcomes, Not Features. Always define the problem before thinking about
Share
Hackernoon2025/12/31 13:01