Leopold Aschenbrenner Agrees to Sell About $3.5 Billion in Anthropic Shares Before Deal Is Reversed

Leopold Aschenbrenner had briefly agreed to sell about $3.5 billion of Anthropic equity when his fund was under severe liquidity pressure, with investors led by Greenoaks and Sequoia Capital as the buyers. According to ChainCatcher, the deal was finalized late Wednesday night and then withdrawn the next morning.

The fund later chose to sell most of its public stock and use the proceeds to repay borrowing. Aschenbrenner ultimately kept his stakes in Anthropic and other private companies, and told investors the fund sacrificed its public equity position to eliminate leverage and preserve private investments.