Billionaire Stanley Druckenmiller Pours $101,000,000 Into Stock Recommended by Bank of America, Citi, Morgan Stanley and Barclays – Crypto News – Crypto News
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Billionaire Stanley Druckenmiller Pours $101,000,000 Into Stock Recommended by Bank of America, Citi, Morgan Stanley and Barclays Billionaire Stanley Druckenmiller Pours $101,000,000 Into Stock Recommended by Bank of America, Citi, Morgan Stanley and Barclays

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Billionaire Stanley Druckenmiller Pours $101,000,000 Into Stock Recommended by Bank of America, Citi, Morgan Stanley and Barclays – Crypto News

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Billionaire Stanley Druckenmiller is pouring millions of dollars into a growth stock listed as a “buy” by some of America’s biggest banks and investment firms.

A new 13F filing from Druckenmiller’s Duquesne Family Office reveals the firm bought 4,619 shares of MercadoLibre (MELI) in Q3 2025.

The purchase amounts to about $11.09 million and continues a buying spree that began in Q2 2024 amounting to about $101 million and 58,344 shares.

MercadoLibre is Latin America’s leading e-commerce and fintech platform, trading on the Nasdaq.

The stock is priced at $1,998 at time of publishing, up 0.16% in the last 24 hours.

MELI has drawn strong overall analyst support, with Citi maintaining a buy rating with a $2,500 target on November 26th, while Morgan Stanley upheld Overweight with a $2,950 target on November 3rd.

Barclays is also keeping Overweight and raised its target to $2,900 on October 30th.

Bank of America issued a buy rating with a $3,000 target in June, while America’s biggest bank, JPMorgan Chase, is maintaining a hold on MELI with a $2,650 target.

Druckenmiller, a legendary investor known for managing George Soros’s Quantum Fund, oversees a $4.06 billion portfolio.

MELI now represents 3.4% of it, valued at $136.35 million, in a move aligning with Druckenmiller’s focus on high-growth tech plays.

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