The SBF Index on
December 20, 2025
What FTX and Alameda's venture positions would have been worth on December 20, 2025 if the estate had never sold them. This page doesn't change; the live number is here.
SBF Index
$27.89B
5.2x the $5.32B put in
His Anthropic stake
$10.21B
445,392,400 shares after the split
Same money, S&P 500
$9.04B
Bitcoin, same money: $12.63B
The estate had got
$6.23B
Cash from sales closed by this date
| Position | Value | Share |
|---|---|---|
| Anthropic | $10.21B | 36.6% |
| Solana | $6.92B | 24.8% |
| Robinhood | $6.71B | 24.0% |
| Cursor | $1.47B | 5.3% |
| About 440 others | $1.36B | 4.9% |
| Mysten Labs (SUI) | $0.63B | 2.3% |
| SpaceX (K5 fund) | $0.30B | 1.1% |
| Genesis Digital | $0.29B | 1.0% |
Cite as: SBF Index (sbfindex.com/on/2025-12-20), value on December 20, 2025: $27.89B. 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