$BTC $28 BILLION MISTAKE? FTX’s Anthropic Bet Could’ve Covered the Bankruptcy
This one hurts.
FTX invested $500M into Anthropic at a ~$2.5B valuation. Fast forward — Anthropic just raised at a staggering $380B valuation. That original stake? It would now be worth roughly $30 BILLION.
Instead, during bankruptcy proceedings, the position was sold around an $18B valuation for just $1.5B. The result? Nearly $28B in missed upside — from a single investment.
For context: FTX’s bankruptcy shortfall was around $9B. Meaning this one holding alone could’ve more than covered the entire hole… multiple times over.
The irony is brutal. One of the most successful VC bets in tech history — liquidated at the worst possible moment.
In crypto and venture, timing isn’t everything. It’s the only thing.
What’s the biggest “sold too early” story you’ve ever seen?
Follow Wendy for more latest updates