The SBF Index on

December 4, 2025

What FTX and Alameda's venture positions would have been worth on December 4, 2025 if the estate had never sold them. This page doesn't change; the live number is here.

SBF Index

$29.61B

5.6x the $5.32B put in

His Anthropic stake

$10.27B

445,392,400 shares after the split

Same money, S&P 500

$9.06B

Bitcoin, same money: $13.17B

The estate had got

$6.23B

Cash from sales closed by this date

PositionValueShare
Anthropic$10.27B34.7%
Solana$7.65B25.8%
Robinhood$7.58B25.6%
Cursor$1.47B4.9%
About 440 others$1.36B4.6%
Mysten Labs (SUI)$0.71B2.4%
SpaceX (K5 fund)$0.30B1.0%
Genesis Digital$0.29B1.0%

Cite as: SBF Index (sbfindex.com/on/2025-12-04), value on December 4, 2025: $29.61B. Sources: Anthropic, PBC, Form S-1 (Oct 26, 2026); In re FTX Trading Ltd., No. 22-11068 (Bankr. D. Del.). Previous day · Next day · Method