$BTC $28 BILLION MISTAKE? FTXâs Anthropic Bet Couldâve Covered the Bankruptcy
This one hurts.
FTX invested $500M into Anthropic at a ~$2.5B valuation. Fast forward â 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 â from a single investment.
For context: FTXâs bankruptcy shortfall was around $9B. Meaning this one holding alone couldâve more than covered the entire hole⊠multiple times over.
The irony is brutal. One of the most successful VC bets in tech history â liquidated at the worst possible moment.
In crypto and venture, timing isnât everything. Itâs the only thing.
Whatâs the biggest âsold too earlyâ story youâve ever seen?
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