A post by @WuBlockchain on X.

FTX’s early Anthropic stake, acquired for roughly $500 million in 2021–2022 at about an 8% holding, is now valued above $30 billion after the AI firm’s latest prospectus outlined an offering of 825 million Class A shares at $70–$78 each, implying a $1.2 trillion–$1.4 trillion valuation. The position was divested early, meaning the estate captured only part of the upside now reflected in Anthropic’s proposed pricing. The scale of the implied valuation makes the stake a major reference point for FTX creditor recoveries and for private AI markups more broadly. What to watch next is whether the offering clears at the top or bottom of the range, and how the final pricing feeds into recovery estimates for FTX claimants.