FTX Sells Remaining Shares of Anthropic Amid Bankruptcy Costs
Saturday, 1 June 2024, 18:12
FTX Sells Remaining Anthropic Shares as Bankruptcy Costs Exceed $700 Million
FTX has made the decision to sell off its remaining shares of Anthropic as the costs related to bankruptcy have surpassed a staggering $700 million.
The move underscores FTX's proactive approach towards managing the financial fallout of the bankruptcy and signals a strategic shift in its business operations.
Analysts are closely monitoring the repercussions of this decision on FTX and the industry as a whole, as the company navigates through these challenging times.
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