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preferred stock



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As of Sept. 30, Amazon said it held 164 million shares of Anthropic’s nonvoting preferred stock and convertible notes, which it estimates to be worth about $146.2 billion, although its stake is capped at 12%.

From MarketWatch ● Nov. 3, 2026

Amazon’s stake began as convertible notes, some of which converted into preferred stock.

From The Wall Street Journal ● Oct. 27, 2026

The so-called mandatory convertible preferred stock is expected to carry a dividend yield of 6% to 6.5%.

From Barron's ● Oct. 26, 2026

Akamai issued Anthropic a warrant to purchase around 7.7 million shares of its non-voting convertible Series B preferred stock on an as-converted basis.

From The Wall Street Journal ● Sep. 24, 2026

Treasury didn’t ask for a piece of the action, or management changes, or for that matter anything at all except for a teaspoon of out-of-the-money warrants and preferred stock.

From "The Big Short" by Michael Lewis


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