The Anthropic IPO.
Be positioned before the bell.

The maker of Claude has filed to list on Nasdaq as ANT - a debut now reported at around $1.2–1.5 trillion, set to be the largest IPO ever. Follow every milestone here, and trade the AI story long or short with BITmarkets perpetuals.
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Updated 9 Nov 2026 · Financials from Anthropic’s S-1 (26 Oct) and S-1/A (2 Nov 2026); valuation and dates as reported by media. Price range and share count are not yet set.

Anthropic Ipo Hero Opening bell · pending
Q3 2026 revenue $17.0B ↑ 47 % in one quarter Jul–Sep 2026 · +47 % on Q2 ($11.6B) · S-1/A
Compute commitments $895B Data centres & chips Purchase commitments and leases, mostly data centres · S-1/A
Reported IPO valuation $1.2–1.5T Down from $2T talk Bloomberg / FT / CNBC investor talk · not company guidance
Last private valuation $965B Series H May 2026 (post-money)
Public S-1
26 Oct
S-1/A (Q3 results)
2 Nov
Ticker
ANT · Nasdaq
Roadshow
reported · week of 9 Nov
Price range
not set
First trade
reported · before 26 Nov

Road to Nasdaq

Where the listing stands today, and what has to happen before the first trade.
Statuses are updated at every milestone.
  1. Step 1 · Done Confidential S‑1 filed Draft registration submitted to the SEC on 1 June 2026, as confirmed by the company.
  2. Step 2 · Done Public S‑1 and S‑1/A S‑1 published 26 Oct: Nasdaq Global Select, ticker ANT, 22 underwriters led by Goldman Sachs and Morgan Stanley. Amended 2 Nov with Q3 results.
  3. Step 3 · Next Roadshow & price range Roadshow reported to start the week of 9 Nov (CNBC, Bloomberg). The price range and share count come in a further S‑1/A - not filed yet.
  4. Step 4 · Pending Pricing Final price and size are set the evening before the first trading day - and can change until then.
  5. Step 5 · Pending First trade: ANT on Nasdaq Reported target: a debut before Thanksgiving (26 Nov) - week of 16 Nov or 23 Nov. Not confirmed by Anthropic.

Sources: Form S-1 and S-1/A on SEC EDGAR, CNBC, Bloomberg, FT, WSJ · checked 9 Nov 2026

What Anthropic is

Founded in 2021 in San Francisco by Dario and Daniela Amodei with former OpenAI researchers. Builds the Claude family of AI models.

Why the numbers are historic

Q3 2026 revenue reached $17.0B, up 47 % in one quarter. A raise the FT puts at $80–100B would be roughly three times Saudi Aramco’s 2019 record.

Who already owns it

Amazon and Alphabet hold the two largest pre-IPO stakes; employees hold equity. Both stocks are watched as indirect proxies.

Why you can’t buy in early

Pre-IPO access is limited to accredited investors via illiquid vehicles. Anthropic has called trades on unauthorised secondary platforms invalid.

What the money is for

Compute. The S-1/A lists about $895B of purchase commitments and leases, mostly for data centres and chips.

What is still unknown

Price range, share count, final valuation and the first trading day. Valuation talk has slipped from $2T to $1.2–1.5T after the November tech sell-off.

How to trade it

You can’t buy pre-IPO shares, but you can trade the move.

Direct pre-listing access is limited to accredited investors, and Anthropic has said trades on unauthorised secondary platforms are invalid. Perpetual contracts on BITmarkets let you take a long or short position on the AI theme now - and on Anthropic itself once a market opens.

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AI & crypto perpetuals

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Coming at listing

Anthropic perpetual (ANT-USDT)

Planned to open on Anthropic's first trading day: a USDT-margined perpetual that follows the ANT share price, long or short, with no share custody needed. Subscribe below and we tell you the moment it is live.

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Available now

Learn before you leverage

New to perpetuals? Professor BIT walks you through margin, funding and liquidation in the Tutorials and the Academy - free.

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Perpetuals in 60 seconds

A perpetual is a derivatives contract with no expiry. You post USDT, or other asset, as margin, choose long or short order up to 50x leverage, and your position follows the price of the underlying - a coin today, potentially a stock like Anthropic tomorrow.

Trade perpetuals Watch the margin tutorial

Leverage multiplies losses as well as gains.

1 Long or short Profit from a rising or falling price - you choose the direction.
2 Up to 50x leverage Higher leverage means a closer liquidation level.
3 No expiry Hold as long as your margin allows. Financing rates are applied to leveraged positions.
4 Built-in risk tools Stop-loss, take-profit and isolated margin on every position.
Know the risks

A record IPO is also a record for uncertainty

Opening-day volatility High valuations have historically meant sharp swings in the first sessions. Leverage amplifies them.
Terms can change late Valuation talk has already moved from $2T to $1.2–1.5T. Price and size can change up to the evening before trading, or the deal can be postponed.
Regulatory overhang A reported legal dispute over a national-security designation could affect timing or sentiment.
Listing alerts

Know the moment the price range is set, the deal prices and ANT starts trading.

One e-mail per milestone. No marketing noise.

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Thank you! We will e-mail you at every milestone.

Frequently asked questions

Everything traders are asking about the Anthropic listing and how perpetuals work on BITmarkets.

No date is set yet. Anthropic published its S-1 on 26 October 2026 and an amended S-1 with third-quarter results on 2 November. The roadshow is reported to start the week of 9 November (CNBC, Bloomberg); the price range is still to be filed, then the deal is priced the evening before the debut. Press reports target a Nasdaq debut before Thanksgiving (26 November), but every date can move until the deal is priced. Turn on listing alerts above and we will e-mail you at each milestone.

ANT. The S-1 applies to list Class A shares on the Nasdaq Global Select Market under the symbol ANT. The ticker only goes live on the first trading day. Any Anthropic perpetual on BITmarkets would follow the same name, ANT-USDT.

No. BITmarkets is a crypto and derivatives platform, not a stock broker - we do not sell or hold shares and we are not affiliated with Anthropic. IPO allocations are distributed by the underwriting banks (Goldman Sachs and Morgan Stanley lead the deal). What you can trade here is a perpetual contract: a derivative that follows the price, long or short, settled in USDT, without owning the stock.

[Confirm with product & legal.] We plan to offer an ANT-USDT perpetual as soon as Anthropic trades on Nasdaq and a reliable reference price is available - a perpetual cannot exist before the first trade. Availability may depend on your country of residence. If you subscribe to listing alerts you will be the first to know when the market opens.

A perpetual is a derivatives contract with no expiry date. You deposit USDT or any other supported asset as margin, pick long or short and a leverage level, and your profit or loss follows the price of the underlying asset. You can close at any time; if the price moves against you and your margin is used up, the position is liquidated. Professor BIT explains it step by step in the margin tutorial.

BITmarkets perpetuals offer up to 50x leverage; the maximum differs by market and is usually lower on newly listed, volatile instruments [confirm for ANT].

Pre-IPO Anthropic shares are limited to accredited investors, and Anthropic has said trades on unauthorised secondary platforms are invalid - so there is no retail route into the stock before the debut. On BITmarkets you can trade the wider AI theme today with USDT perpetuals and bet on pre-IPO Anthropic movements ahead of its listing.

Revenue, commitments, exchange, ticker and underwriters come from Anthropic’s Form S-1 (26 October 2026) and S-1/A (2 November 2026) on SEC EDGAR. The $965 billion valuation is from the company’s Series H announcement in May 2026. The $1.2–1.5 trillion valuation talk, the possible raise size and the listing dates are press reports (Bloomberg, FT, CNBC, WSJ) and are marked “reported”. We check the page on the date shown at the top; all figures can change until the offering is priced.
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Risk disclaimer

This page is for information only and is not investment advice or an offer of securities. BITmarkets does not sell Anthropic shares and has no affiliation with Anthropic. IPO figures come from Anthropic’s public filings and third-party media and may change until the offering is priced; the listing may be delayed or withdrawn. Perpetual contracts are leveraged derivatives: you can lose more than your initial margin, and positions may be liquidated. Trade only with capital you can afford to lose.