GoKawiilAlmost two months after TikTok's U.S. operations officially landed in the hands of a group of investors, Oracle disclosed its stake in the joint venture at roughly $2 billion.
In its quarterly financial filing on Wednesday, Oracle said it recorded "non-marketable debt investments and equity securities and related instruments" of $2.2 billion for the period ended Feb. 28.
The "substantial majority" of its non-marketable investments were in TikTok USDS Joint Venture LLC, the filing said.
A national security law signed by former President Joe Biden in 2024 required China's ByteDance to sell TikTok's U.S. operations, or face a nationwide ban.
President Donald Trump signed an executive order approving ByteDance's divestment in September. Vice President JD Vance said the business was valued at $14 billion.
In January, Adam Presser was named CEO of the new TikTok USDS Joint Venture. Oracle, Silver Lake, Abu Dhabi's MGX and a group of other investors made up the majority control in the new entity.
Oracle owns 15% and has a seat on the board, which the company reiterated on its earnings call late Tuesday. Silver Lake and MGX each control 15% as well. ByteDance owns just under 20% of the U.S. venture.