🏛️ FTX sold its stake in Anthropic for $1.34 billion; it could now be worth $30 billion
📌 In 2024, FTX’s bankruptcy estate sold its entire investment in Anthropic in two transactions, bringing in a total of around $1.34 billion. The first sale took place in March and April, bringing in $884 million; the second took place in June, bringing in around $452 million at approximately $30 per share. The stake was divided among 38 buyers, with ATIC Third International Investment (affiliated with Abu Dhabi’s Mubadala) as the largest buyer, purchasing $500 million worth.
📌 Earlier, in 2021, FTX and Alameda Research had invested $500 million in Anthropic. Although the sale generated a profit of around $800 million, FTX’s ownership stake had been diluted from 13.56% to around 7.84%–8% as the AI company raised more capital.
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🔗 Source: Crypto Briefing
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).
📌 In 2024, FTX’s bankruptcy estate sold its entire investment in Anthropic in two transactions, bringing in a total of around $1.34 billion. The first sale took place in March and April, bringing in $884 million; the second took place in June, bringing in around $452 million at approximately $30 per share. The stake was divided among 38 buyers, with ATIC Third International Investment (affiliated with Abu Dhabi’s Mubadala) as the largest buyer, purchasing $500 million worth.
📌 Earlier, in 2021, FTX and Alameda Research had invested $500 million in Anthropic. Although the sale generated a profit of around $800 million, FTX’s ownership stake had been diluted from 13.56% to around 7.84%–8% as the AI company raised more capital.
💬 What do you think about this development? Let’s discuss!
#CryptoExchange #CryptoNews
🔗 Source: Crypto Briefing
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).