Hi HODLers, Hiveans and Lions,
I still have vivid memories about the FTX debacle and its impact to the crypto economy.
****If someone would have told me back then that investors/users would have been made almost whole; I would have laughed so hard!****
Well... it seems like good news just keep on coming.
We just learned that the 8% stake in Anthropic, an AI startup is now worth around $1bn
The stage was purchases in 2021 for $500 million – but are worth $1 billion at today’s valuation.
This company is a direct competitor to Open AI. Sovereigh Wealth Funds are particularly interested. The company did say that they will not allow the Saudi Sovereign Wealth Fund because of national security concerns but this wouldn't apply to most Sovereign Wealth Funds.
This is definitely the best sound investment SBX did...
Stay safe out there,