According to Wu, Anthropic's latest IPO prospectus reveals its plan to issue 825 million Class A ordinary shares, with an IPO price range of $70 to $78 per share, implying a maximum valuation of approximately $1.2 trillion to $1.4 trillion. FTX and its affiliates invested approximately $500 million in Anthropic between 2021 and 2022, acquiring an initial 8% stake. Based on the current IPO price range of $70 to $78 per share, this stake would be worth between $31.2 billion and $34.7 billion. However, during the bankruptcy reorganization in 2024, FTX's administrators, in order to quickly lock in liquidity to meet cash repayment requirements, liquidated the entire stake in batches at only about $30 per share, ultimately recovering only about $1.34 billion. At the time of its bankruptcy, FTX owed creditors approximately $11.2 billion. If those shares had remained, they would have been enough to pay off the entire debt nearly three times over. https://www.(wublock123.com)/news/news-71739