🚨 BREAKING: 🇧🇷 BRAZIL REINTRODUCES BILL TO BUY 1 MILLION BITCOIN $TAKE
Brazilian lawmakers have submitted a bill to create a Strategic Sovereign Bitcoin Reserve (RESBit), proposing the gradual acquisition of up to 1M $BTC over five years. $SPACE
If approved, Brazil would become one of the largest BTC holders in the world.$H
$BTC – 4 months $ETH – 5.5 months $BNB – 4 months $XRP – 8 years $SOL – 1+ year $TRX – 1+ year $DOGE – 5+ years $ADA – 4+ years $BCH – 8 years $HYPE – 4.5 months $LEO – 1+ year $LINK – 5+ years $XLM – 8 years $LTC – 5+ years $ZEC – 9 years $RSR Some coins are still near their top. Some have been far from their peak for many years. $LIT Time away from ATH shows which coins bounced back fast… and which are still waiting.
Sam Bankman’s FTX invested $500M in Anthropic and today that stake would be worth $30 BILLION, a 60x return.
Anthropic just raised $30B at a $380B valuation, one of the largest private software rounds ever. FTX entered at around a $2.5B valuation but was forced to sell during bankruptcy near an $18B valuation for just $1.5B. $AKE
That’s nearly $28 billion in missed upside from a single investment. For perspective, FTX’s bankruptcy hole was about $9 billion.$VVV
Meaning the Anthropic stake they sold early would today be worth multiple times that gap and almost as much as FTX’s own peak company valuation.