🥲 🥲
$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. 🥲
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