FTX's former stake in Anthropic would be worth approximately $75 billion at current valuations, according to Reuters reporting. The collapsed crypto exchange held a diluted 7.84% position in the AI company before selling those shares during bankruptcy proceedings to repay creditors.

Anthropic's latest reported valuation sits around $965 billion, making the math straightforward: 7.84% of that equals roughly $75 billion before accounting for additional dilution since the sale. This starkly contrasts with FTX's customer shortfall of roughly $8 billion to $9 billion, highlighting how dramatically AI valuations have surged.

However, the bankruptcy community points out this comparison misses a critical point about liquidity. FTX customers needed immediate access to funds, not theoretical future value from illiquid private shares. A fractional exchange lacking sufficient liquid assets to meet withdrawal demands represents a fundamentally different problem than one holding appreciating but inaccessible securities.

The estate's decision to liquidate the Anthropic stake likely represented the most practical path toward partial recovery. While the $75 billion figure underscores AI's explosive growth, it doesn't change that thousands of customers lost real money to fraudulent mismanagement that no amount of asset appreciation can fully address.