Crypto traders value Anthropic at $1.9 trillion as investor warns its IPO could mark the top of the AI bubble
Anthropic filed for a Nasdaq IPO under the ticker ANT, but has not disclosed its offering size, price or confirmed listing date. Its first-half 2026 revenue reached $16.3 billion, and it posted $974 million in operating profit in the June quarter, despite large reported net losses largely caused by noncash financing revaluations. The filing also disclosed $131.7 billion in cash and short-term investments alongside extensive multiyear infrastructure commitments, creating risk if customer demand falls. Crypto platforms and investors have cited valuations ranging from about $1.43 trillion to $1.88 trillion. The IPO’s staggered share-sale restrictions could release investor and employee proceeds over several months, though the amount remains unclear.
