Anthropic IPO Pricing Reframes FTX’s Early Share Sale

TLDR Anthropic proposed a 70–78 IPO price range in its November 10 SEC filing. FTX’s bankruptcy estate sold 44.54 million Anthropic shares across two transactions in 2024. The transactions generated approximately $1.34 billion against an original $500 million investment. Anthropic’s stock split increased the equivalent historical share count to approximately 445.4 million. The proposed IPO range implies a hypothetical value between $31.2 billion and $34.7 billion. Anthropic’s proposed IPO price values FTX’s former equity position at approximately $31.2 billion to $34.7 billion. The calculation uses Anthropic’s November 10 pricing range and FTX’s documented 2024 share sales. FTX’s bankruptcy estate received approximately $1.34 billion for the entire position. The difference represents hypothetical appreciation, not money available for creditor distributions.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinCentral.