Court documents reveal the FTX estate’s intention to sell a majority stake in Anthropic for $884 million. The largest purchaser, ATIC Third International Investment Company, linked to the Abu Dhabi government, plans to acquire 16 million shares for nearly $500 million. Jane Street and Fidelity Management & Research Company LLC were also among the buyers, acquiring shares worth $100 million and $44 million, respectively.
FTX initially purchased Anthropic stake for $500 million in 2021, now valued at over $1 billion. A bankruptcy judge granted FTX approval to sell a stake earlier this year. Sales aim to aid FTX in repaying customers fully. FTX clarified that there are no plans to relaunch the exchange after failed bids.
Additionally, FTX sold GBTC holdings worth nearly $1 billion in January. Debtors intend to sell shares at optimal times to monetize interests effectively. Objections to sales must be filed by April 1. The move highlights FTX’s strategic approach to financial restructuring amidst evolving market conditions.
Also Read: FTX CEO Disputes Bankman-Fried’s FTX Solvency Claims
