Anthropic's $20.93 Anchor: June 2026

Anthropic's headline round did not create a public common mark. Forge's COI table shows H-1/H-2 at $589.01 and H-3 at $20.93 under the same $965B post-money primary context; that is a 96.4% spread in visible per-share anchors before any employee turns paper into cash. 1

If you hold Anthropic common options: your number is $20.93, not $589.01, not $965B. The $20.93 figure is not a sellable bid; it is the low-price visible tranche in Forge's primary-round table, so the practical question remains whether an approved tender or transfer will actually clear. 1

The Information reports that OpenAI and Anthropic employees and investors have already cashed out about $14B combined, which says authorized liquidity exists, but not that every common holder has a live market. 2

OpenAI is the counterfactual. Forge shows a $721.85 derived Forge Price against a $687.69 Series C primary price, about 5.0% above the primary mark; Anthropic's page does not show a visible Forge Price. 13

Source notes: Forge describes Forge Price as a derived mark based on platform activity, transactions, IOIs and public datapoints, not a guaranteed executable price. This is secondary-market analysis, not a recommendation to buy or sell any security. 3