Arthur Hayes warns AI equity dilution could pressure Bitcoin prices
Photo: Crypto Briefing
The BitMEX co-founder argues that share unlocks at SpaceX and Anthropic may drain liquidity now, but could set up a central bank rescue later Arthur Hayes has a new villain for Bitcoin ’s short-term outlook. It isn’t the Fed, a regulator or a rogue exchange. It’s the share count at the world’s most hyped AI and space companies. In his latest essay, titled “D is for Dilution” and released on November 5, 2026, the BitMEX co-founder and Maelstrom CIO argues that massive equity unlocks tied to SpaceX, Anthropic and OpenAI could squeeze dollar liquidity.
Source: Crypto Briefing
