FTX's fire sale of its Anthropic shares is now worth over $30 billion, enough to pay off its entire debt nearly three times over! Anthropic's latest prospectus shows an IPO price range of $70 to $78 per share, with a listing date expected on Nasdaq on November 19th. This has brought back the topic of the shares FTX sold years ago. Between 2021 and 2022, FTX and its affiliate Alameda invested approximately $500 million in Anthropic, acquiring about 8% of the shares. After FTX's bankruptcy, the bankruptcy consortium, in an effort to quickly recover funds to pay off debts, liquidated the shares in two phases in 2024, recovering only about $1.34 billion in total. According to the prospectus, these shares, after a stock split, amount to approximately 445 million shares, now worth approximately $31.2 billion to $34.7 billion based on the IPO price range. FTX owed creditors approximately $11.2 billion at the time of its bankruptcy, meaning that these shares, if held onto, would be enough to pay off the entire debt nearly three times over. What's even more disheartening is that FTX users' compensation was settled based on the price of Bitcoin at the time of the bankruptcy in November 2022, when BTC was only worth about $16,000.