$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?
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