Destiny Tech100 Inc. (DXYZ) shares popped in extended trading Wednesday after revealing it's now in the Anthropic business, among other big moves.

Three Big Bets Close

Here's what happened: Destiny Tech100 announced after the closing bell that it fully closed three investments in 2025, bringing roughly $127 million in fresh portfolio exposure across Anthropic, CHAOS Industries, and Hermeus Corporation.

The crown jewel here is clearly Anthropic. The company gained that exposure through a $100 million investment in Magnitude ANC III, LLC, according to a regulatory filing.

"Destiny Tech100 was created to unlock access to the world's most ambitious private companies, and we're delivering on this vision at scale. We intend to keep expanding access company by company, investment by investment, as our momentum and reach compound," said Sohail Prasad, CEO of Destiny Tech100.

The Numbers Look Good

Alongside the investment news, Destiny Tech100 reported fourth-quarter results that paint an impressive picture. Net asset value hit $19.97 per share, a significant jump from $11.37 per share at the end of the third quarter and up 210% year-over-year.

As of December 31, 2025, the company's investment portfolio carried an aggregate fair value of approximately $434 million, including short-term investments.

Market Reaction

Investors clearly liked what they saw. DXYZ shares climbed 10.10% in after-hours trading to $33.80 at the time of publication Wednesday.