🥲 🥲

$ANT $FTXO.ETF

The numbers are now official — and they're brutal.

What FTX originally had:

💰 FTX/Alameda invested ~$500M in Anthropic in 2021–2022 for roughly 7.84% of the company

What they sold it for:

📉 After the bankruptcy, the estate offloaded the stake in two batches during 2024:

• March 2024: ~29.5M shares for $884M**

• May/June 2024: ~15M shares for **$452M

• Total recovered: ~$1.34B

What it would be worth TODAY:

🚀 Anthropic just filed for its Nasdaq IPO (ticker: ANT) at $70–$78 per share

📊 After a 10-for-1 stock split, FTX's original shares would now be worth roughly $31.2B – $34.7B

That's nearly 26x what they sold for. 💔

The brutal timing:

FTX filed for bankruptcy on November 11, 2022 — exactly four years ago today. The estate needed cash fast, sold a private illiquid stake at a fair negotiated price, and the market simply grew faster than anyone could have predicted

One important caveat:

This is paper value based on an IPO price range — not final. And FTX's original 7.84% was diluted down to ~2.5% through subsequent funding rounds, so the $30B+ figure reflects what the sold shares would be worth today, not the original ownership percentage .

Still — from $1.34B to potentially $34B. The bankruptcy estate made the only call it could at the time. The market just had other plans. 🥲

#FTX #Anthropic #IPO #Crypt o#AI #Bankruptcy #ANT #CryptoNews