Arthur Hayes said on Nov. 11 that he was adding crypto exposure ahead of Anthropic’s anticipated listing the following week. He said he was keeping his positions small to medium so he could close them quickly if needed.
Anthropic launched its IPO roadshow on Nov. 10, proposing to sell 825 million shares at $70 to $78 each. The offering could raise $57.75 billion to $64.35 billion before fees and expenses, but Anthropic would receive no proceeds from shares sold by existing stockholders. Seven technology partners also agreed to a separate, conditional $26 billion share purchase scheduled to close after the IPO. Anthropic said its registration statement had not yet become effective.
