FTX’s Anthropic Bet: A 💲28B “What If”❓

FTX originally bought ~8% of Anthropic in an early round for $500M.

During bankruptcy talks, FTX sold 2/3 of that stake for ~$884M.

If the recent funding round goes through, that original investment alone would’ve been worth ~$28B.

From a potential $28B winner to a forced sale in bankruptcy —

one of the most expensive opportunity costs in tech history.