Should You Sell Bitcoin for the Anthropic IPO?

Anthropic's IPO filing shows $16.3B of first-half revenue and an $80B paper loss, and Jason Calacanis says sell your Bitcoin and buy AI while Galaxy says the bottom is already in. Also on the clock: Microsoft offers buyouts to 60,000 employees, the Dutch government plans 25,000 job cuts, and Coinbase brings Bitcoin into bank apps. Where's the signal, and where's the noise?

OPEN A FREE ONRAMP FINANCE ACCOUNT

One free account to buy Bitcoin, use the Onramp Terminal, and access the rest of Onramp: Bitcoin IRA, Bitcoin-backed loans, and Multi-Institution Custody. Recurring buys carry no Onramp trading fee. Active clients are eligible for Onramp-funded rewards up to 5%. Cash back on the Onramp Card converts to Bitcoin in one click. Takes a few minutes to open.

👉 https://go.onrampbitcoin.com/finance-svn-pod

GET ON THE LIST

Our research, event invites, and the week's Bitcoin news in one free email.

📩 https://go.onrampbitcoin.com/research-svn-pod

CHAPTERS

00:00 - Intro

00:48 - Topic 1 - Anthropic's IPO Filing: $16.3B in Revenue and an $80B Paper Loss

11:10 - Topic 2 - Jason Calacanis Says Sell Bitcoin, Galaxy Says the Bottom Is In

20:35 - Topic 3 - Microsoft's 60,000 Buyouts and the Dutch Government's AI Job Cuts

30:35 - Topic 4 - Coinbase, Bank Apps, and New VanEck and Franklin Templeton Bitcoin ETFs

40:03 - Wrap-Up & Parting Thoughts

ABOUT THE SHOW

Signal vs Noise is a weekly livestream and show unpacking the biggest stories across capital, markets, technology, and people, six minutes on the clock for each, with Jackson Mikalic, Michael Tanguma, Liam Nelson, and Brian Cubellis.

MORE FROM ONRAMP MEDIA

• The Last Trade, Final Settlement, and First Principles: https://www.youtube.com/@OnrampMedia

• Audio, every show: https://podcasts.apple.com/us/podcast/id1690709152 or search Onramp Bitcoin Media on Spotify

• News and data: https://onramp.media

Onramp does not provide financial, tax, or legal advice. Nothing here is a recommendation to buy or sell any asset. This episode is for entertainment purposes only.