Sell ARM by Jul 20, 2026.

**TLDR**: Softbank needs cash for massive $40 billion OpenAI loan. They will liquidate much of their ARM holdings, which, when revealed, will cause a massive selloff. On February 27th, [it was announced](https://group.softbank/en/news/press/20260327) that Softbank had secured a $40 billion loan to make a 30 billion investment in OpenAI, with a date of execution March 27, 2026, a maturity date of March 25, 2027, and ZERO COLLATERAL. Per the announcement, the loan will be: >repaid in stages by the maturity date …