techvaluations

Capital is concentrating at extreme scales as crypto firms deploy balance sheet strength to exploit valuation disconnects while tech giants face mathematically impossible revenue hurdles to justify trillion-dollar market caps.

Galaxy Digital authorized a $200 million share repurchase following an 18% price surge, signaling that crypto equities trade below intrinsic value despite maintaining $2.6 billion in liquidity—directly contrasting with the "impossible math" facing trillion-dollar tech giants requiring up to $2.2 trillion in annual revenues by 2030. Simultaneously, $200 million in growth capital flows to MrBeast's content empire, illustrating capital's dual function: funding expansion in proven cash-flow engines while crypto-native firms buy back stock, arbitraging the market's failure to price digital asset exposure against legacy tech's unsustainable multiples.

These maneuvers reveal a stark bifurcation where crypto equities remain deep value plays while mega-cap tech demands fantasy growth trajectories. Galaxy's buyback demonstrates institutional confidence in crypto's underlying viability despite Q4 losses, potentially establishing precedent for other undervalued digital asset firms to prioritize shareholder returns over dilutive expansion during market dislocations.

Expect accelerated share buyback programs across crypto equities as firms leverage strong balance sheets to close valuation gaps, while capital flees revenue-impossible tech valuations toward cash-generative digital asset infrastructure and scalable creator economies.

#CryptoMarkets #ValuationDisconnect #CapitalAllocation #DigitalAssets #TechValuations
(Sources: multiple)

Kenaikan Meteorik Anthropic dan Keruntuhan Crypto yang Mendanainya

Lupakan akuisisi Apple: Anthropic baru saja mengumpulkan $13 miliar dengan valuasi US$183B, menjadikannya perusahaan swasta paling berharga ke-4 di bumi 😳

Itu 3x lebih tinggi dibandingkan hanya 18 bulan yang lalu.

Dan menempatkan startup AI di depan Stripe, Databricks, dan Revolut.

Berikut adalah papan peringkat saat ini:

1️⃣ SpaceX - $400B
2️⃣ ByteDance - $330B
3️⃣ OpenAI - $300B
4️⃣ Anthropic - $183B
5️⃣ xAI - $113B

Pertumbuhan Anthropic telah menjadi sesuatu yang luar biasa:

→ Pendapatan yang dihasilkan melonjak dari $1B menjadi $5B dalam 8 bulan.
→ Claude Code saja menarik $500 juta ARR.
→ 300.000 pelanggan bisnis di sektor keuangan, kesehatan, dan TI perusahaan.

Tapi ini bagian liar.

FTX pernah membeli 8% dari Anthropic seharga $500M.

Ia dijual saat kebangkrutan seharga $884M.

Saham yang sama sekarang bernilai luar biasa $14,6B 🤯

Ternyata, keruntuhan terbesar dalam sejarah crypto secara tidak sengaja mendukung salah satu pemenang terbesar AI.

Takdir memang memiliki selera humor yang jahat, atau bagaimana Anda akan menjelaskan FTX mendukung raksasa AI senilai $183B?

#Write2Earn #AIFuture #TechValuations