温馨提示：本站仅提供公开网络链接索引服务，不存储、不篡改任何第三方内容，所有内容版权归原作者所有
AI智能索引来源：http://www.bee.com/ru/65827.html
点击访问原文链接

The Day CZ Missed the Best Investment of His Life, Crypto Missed AI | Bee Network

进入原网站 导航首页
The Day CZ Missed the Best Investment of His Life, Crypto Missed AI | Bee Network Login Актуальные новости Запуск мемов Агенты искусственного интеллекта DeSci TopChainExplorer Для Ньюби 100-кратное количество монет Игра "Пчелка Основные веб-сайты Must-Have APP Криптознаменитости DePIN Новички насущные Детектор-ловушка Основные инструменты Продвинутые веб-сайты Обмен Инструменты NFT Привет, Выйти Вселенная Web3 Игры DApp Пчелиный улей Растущая платформа AD Поиск Английский язык Монеты для пополнения запасов Вход в систему Скачать Web3 Uni Игры DApp Пчелиный улей AD дом•Анализ•The Day CZ Missed the Best Investment of His Life, Crypto Missed AI The Day CZ Missed the Best Investment of His Life, Crypto Missed AIАнализ3 недели назадUpdateУайатт 7 054 13 Author | Azuma (@azuma_eth)

In 2014, CZ, who had only been exposed to the concept of криптовалютаcurrency for a year, made the most daring investment of his life — he sold his apartment in Shanghai and “went all in” on approximately 1,500 BTC at a three-digit price. Twelve years later, if CZ had never sold, this investment could have yielded hundreds of millions of dollars in substantial profits (peak returns around $189 million).

Compared to his subsequent achievement of founding Binance and rising to become an industry leader, the profit from this investment is insignificant to CZ. However, from an external perspective, this highly idealistic “all-or-nothing” bet remains CZ’s most talked-about move.

Yet, what’s lamentable is that even CZ, with his firm convictions and decisive actions, once missed out on an investment with potential profits a hundred times greater than “selling a house to buy Bitcoin” in a highly dramatic fashion.

Rewind the Clock 1555 Days: That Aborted Acquisition November 9, 2021, was a sleepless night for the cryptocurrency industry.

Just the day before, FTX, which was once at the peak of its glory in the industry, suspended withdrawals due to a liquidity crisis. Panic within the community escalated rapidly, and the damp, ominous smell before a storm began to permeate the market… The subsequent story is well-known: FTX collapsed spectacularly, triggering a domino effect that brought down many others, plunging the market into a prolonged winter that lasted for years.

In a parallel universe, the story could have taken a different turn. In the early hours of November 9, SBF and CZ issued statements one after another, announcing that FTX had reached a preliminary acquisition agreement with Binance.

SBF: Hey all: I have a few announcements to make. Things have come full circle, and FTX’s first and last investors are the same: we have come to an agreement on a strategic transaction with Binance (subject to DD).

CZ: This afternoon, FTX asked for our help. There is a significant liquidity crunch at the exchange. To protect users, we signed a non-binding LOI, intending to fully acquire FTX.com and help cover the liquidity crunch. We will be conducting a full DD in the coming days.

However, the acquisition ultimately fell through. Just one day later, Binance officially announced its withdrawal from the deal, citing “issues beyond our control,” which became the final straw that broke FTX’s back.

Did CZ ever genuinely consider acquiring FTX? Was the hastily concluded acquisition farce a sincere attempt at rescue, or merely a ploy to gauge the opponent’s “health bar”? This may remain a mystery forever. From the outcome, CZ personally defeated his biggest competitor at the time, solidifying Binance’s position as the industry leader.

But no one could have predicted that an inconspicuous “side bet” in FTX’s asset portfolio back then would rapidly appreciate in value over the next few years. Today, its value has even far exceeded the total value of all remaining assets from that failed acquisition.

From a “Side Bet” to the AI Spotlight In April 2022 (this is the official announcement date; the transaction was actually completed in 2021), FTX made its most significant investment in the AI field — leading a $580 million funding round for AI startup Anthropic with a $500 million investment. Its equity stake once reached as high as 13.56%, later diluted to 7.84% as Anthropic completed multiple subsequent funding rounds.

That was an era before AI’s full potential had exploded. Just six months later (in late November 2022, the very month FTX imploded), OpenAI’s ChatGPT burst onto the scene, irreversibly ushering the world into the “Age of Exploration” for AI. Anthropic, with its Claude series of products (especially the coding-focused Claude Code), repeatedly astonished the world, gradually becoming one of the most dazzling star companies of the AI era.

As Claude continuously iterated, Anthropic’s valuation also kept climbing. Capital frantically waved cash, desperate to secure a seat on Anthropic’s ship sailing towards an IPO. The latest market rumor is that Anthropic is in the final stages of a new large-scale funding round, expected to exceed $20 billion (originally planned to raise $10 billion, but investor demand far exceeded expectations, potentially doubling the final amount). Its valuation could reach as high as $350 billion, with the deal potentially closing as early as this week.

Calculated at the latest rumored valuation of $350 billion, the value of FTX’s former stake in Anthropic would be approximately $27.44 billion, enough to cover the reserve shortfall that led to its bankruptcy multiple times over… But history has already happened, and the outcome is settled.

It’s hard not to marvel at SBF’s rare talent as a venture capitalist (besides Anthropic, he also invested in the now-hot Cursor in its seed round), but he was clearly not a competent business operator, especially lacking in risk control. CZ’s profile is the complete opposite. He is a master at operating a business; Binance’s dominance is inseparable from his many correct strategic decisions. But CZ also often positions himself not as a traditional investor solely pursuing returns; he doesn’t trade cryptocurrencies and prefers to be a builder for the industry.

A Hasty Ending: This Could Have Пчелаn the Best Intersection of Crypto and AI You might wonder, what happened to those FTX equity holdings in the end?

The ending is not complicated. After FTX’s bankruptcy, all assets, including the Anthropic equity, were handled by the FTX bankruptcy estate. In February 2024, the court approved the estate’s plan to sell these shares; in March and June of the same year, the FTX estate sold 29.5 million shares for a total of $884 million and 15 million shares for $450 million, respectively, totaling over $1.3 billion in sales.

As for the buyers of these shares, they were primarily Abu Dhabi’s ATIC Third International Investment and traditional financial institutions from Wall Street like Jane Street and Fidelity. In other words, no crypto-native companies got a piece of the pie.

Whether these shares were deliberately sold at a discount or if there was any improper benefit transfer under the guise of bankruptcy liquidation is no longer important for the crypto industry.

This could have been the best intersection of Crypto and AI. In another worldline, regardless of whether these shares were held by SBF or CZ, if a leading enterprise from the crypto world held significant influence in the development of one of AI’s most successful companies, there could have been more innovative attempts around Crypto + AI, potentially yielding unexpected fruits.

The one slapping their thigh in regret isn’t just CZ.

Эта статья взята из интернета: The Day CZ Missed the Best Investment of His Life, Crypto Missed AI

Анализ ## биткоин# cryptoОбмен #Рынок #© Copyright NoticeМассив Pre How Much Further Can Bitcoin Fall from $60,000? Three Scenarios to Project the Bottom Next a16z: The "Super Bowl Moment" for Prediction Markets Related articles Tracing the Decoupling of $XUSD: Balancer Vulnerability and the Butterfly Effect of DeFi Leverage 6086cf14eb90bc67ca4fc62b 33 402 Bitcoin mortgage, a new $6.6 trillion blue ocean 6086cf14eb90bc67ca4fc62b 27 083 5 BTC fell below $100,000, but whales were buying ETH at the bottom. 6086cf14eb90bc67ca4fc62b 15 950 1 BlackRock’s 2026 Investment Outlook: Can the AI Bubble-Driven Global Bull Market Sustain? 6086cf14eb90bc67ca4fc62b 23 162 2 Super.exchange Guide: $Super Platform Coin (3:3) Optimal Strategy 6086cf14eb90bc67ca4fc62b 36 800 ETHGlobal NYC Hackathon Concludes: A Roundup of the Top 10 Winning ProjectsRecommended Articles 6086cf14eb90bc67ca4fc62b 23 170 1 Нет комментариев Вы должны войти в систему, чтобы оставить комментарий! Немедленно войдите в систему Нет комментариев... Последние статьи Did Jane Street “Manipulate” BTC? Decoding the AP System, Understanding the Power Struggle Behind ETF Creation and Redemption Pricing 24hrs ago 698 Stop Comparing Bitcoin to Gold—It’s Now a High-Volatility Software Stock 24hrs ago 762 Matrixport Research: $25 Billion Gamma Unwinding Imminent, Liquidity Yet to Return Behind the Rebound 24hrs ago 709 ERC-5564: Ethereum’s Stealth Era Has Arrived, Receiving Addresses No Longer ‘Exposed’ 24hrs ago 569 Hong Kong Regulatory Green Light: Asseto Enables DL Holdings to Achieve Compliance for Two RWA Business Implementations 24hrs ago 669 Популярные сайтыTempoLighterGAIBПланерПланкаRaylsBCPokerVooi Bee.com Крупнейший в мире портал Web3. Партнеры CoinCarp Binance CoinMarketCap CoinGecko Coinlive Доспехи Загрузите приложение Bee Network APP и начните путешествие по web3 Белая книга Роли ЧАСТО ЗАДАВАЕМЫЕ ВОПРОСЫ © 2021-2026. Все права защищены. Политика конфиденциальности | Условия предоставления услуг Скачать приложение Bee Network APP и начните путешествие по web3 Крупнейший в мире портал Web3 Партнеры CoinCarp Binance CoinMarketCap CoinGecko Coinlive Armors Белая книга Роли ЧАСТО ЗАДАВАЕМЫЕ ВОПРОСЫ © 2021-2026. Все права защищены. Политика конфиденциальности | Условия предоставления услуг Поиск ПоискInSiteOnChainСоциальнаяНовости Hot to you: Охотники за воздухом Анализ данных Криптознаменитости Детектор-ловушка Русский English 繁體中文 简体中文 日本語 Tiếng Việt العربية 한국어 Bahasa Indonesia हिन्दी اردو Русский

智能索引记录