QBTS one more wave down into the 14–12 macro support would be ideal to complete the corrective structure, a scenario suggested as possible in the July updates.
QBTS ---Again if companies are still looking to take 20million+ shares we havnt had the volume even close enough, in that last 2 months, for these people to add to their position without generating a huge price jump: Advisor Group Holdings, Inc. reports 125.67% increase in ownership of QBTS / D-Wave Quantum Inc. On September 4, 2025 - Advisor Group Holdings, Inc. filed a 13F-HR/A form disclosing ownership of 247,004 shares of D-Wave Quantum Inc. (US:QBTS) valued at $3,616,139 USD as of June 30, 2025. The entity filed a previous 13F-HR on May 12, 2025 disclosing 109,455 shares of D-Wave Quantum Inc.. This represents a change in shares of 125.67% during the quarter. The current value of the position is $3,776,691 USD.
QBTS Vanguard Group Inc reported an 8.87% stake in QBTS on 7/29/2025, 27,236,614. Most of these shares appear to have been bought around current price levels.
Don't lose your conviction here. Yes D-Wave will have competition but their story has not changed, and Alan Baratz is still a beast.