Micron just reached $1,000 /share.
In Oct. 2024 the Noble family estate, early Micron investors, donated $25 million to Boise State athletics. Micron was trading at $99/share at this time.
If the donation was made off a specific sale of Micron shares, then today it would be worth roughly $250 million.
Not exactly known if selling shares was the case or if the family already had cash on hand, or accumulated it from other ventures.
A couple things for certain:
- It does not dilute or takeaway how historic & generous the gift was by the Noble family made to BSU athletics. It is still the largest one-time gift ever made to the school.
- Micron has easily made many local investors into new multi-millionaires in just the last year alone. There is a fresh network of donors to potentially tap into, and the company is facing even more growth in the years to come with no signs of slowing down.