FTX offloads remaining Anthropic shares as bankruptcy cost surpasses $700 million | Headlines | News | CoinMarketCap
06/02/2024 01:28
While FTX founder Sam Bankman-Fried's trial has come to an end, pending an appeal, the FTX bankruptcy slogs on. In the latest update from the …
While FTX founder Sam Bankman-Fried's trial has come to an end, pending an appeal, the FTX bankruptcy slogs on.
In the latest update from the FTX estate, helmed by CEO John Ray III, the company has offloaded its remaining shares in Anthropic, the AI startup behind the chatbot Claude, according to the firm's latest bankruptcy filings.
FTX sold the remaining 15 million shares for about $30 each, netting over $450 million in proceeds. That brings the total haul from FTX's original $500 million investment in the company to about $1.3 billion, for a profit of around $800 million. The price per share for this second sale was the same for the first sale back in March.
The top buyer on this round, global venture capital fund G Squared, purchased about one-third of the …