According to WuShuo, BitMEX co-founder Arthur Hayes stated in his latest article, "D is for Dilution," that the large-scale unlocking and equity dilution following the IPOs of AI giants like SpaceX, Anthropic, and OpenAI could put pressure on stock prices and drive up debt financing costs across the entire AI industry. He estimates that early IPO investors in Anthropic could face up to 83% equity dilution by June 2027. Hayes believes that declining AI stock prices could weaken bank credit expansion, leading to a contraction in dollar liquidity, which in turn would drag down crypto assets like Bitcoin. His investment firm, Maelstrom, will remain on the sidelines until the liquidity environment significantly improves. However, he anticipates that if a systemic crisis occurs in the AI industry, central banks may ultimately resort to monetary easing to provide relief, which would be beneficial for Bitcoin in the long run. https://www.(wublock123.com)/news/arthur-hayes-ai-share-dilution-pressure-short-term-bearish-bitcoin-71381