Leopold Cancels $3.5B Anthropic Stake Sale, Liquidates Public Holdings

Leopold rescinded a $3.5B Anthropic equity sale to Greenoaks and Sequoia, opting instead to liquidate public assets to repay loans and retain private stakes.

Woofun AI reports that Leopold Aschenbrenner agreed to temporarily sell approximately $3.5 billion in Anthropic equity to an investor group led by Greenoaks and Sequoia Capital during a liquidity crisis. The agreement, reached on Wednesday night, was terminated the following morning. Consequently, the fund sold a significant portion of its public holdings to service debt obligations. Aschenbrenner retained ownership of Anthropic and other private companies, stating in a letter to investors that the decision prioritized deleveraging and preserving private investments over executing the equity sale.