Maelstrom CIO: AI Share Dilution Could Impact Liquidity; Staying on Sidelines for Now

According to Shenchao TechFlow, on November 5, Maelstrom CIO Arthur Hayes said in a post that the share supply and future unlocks of SpaceX, Anthropic, and OpenAI could depress equity prices, erode investor confidence in the AI sector, and raise related debt financing costs.

Hayes believes that if the AI credit market cools, bank balance-sheet growth may slow or contract, reducing USD liquidity supporting the crypto market. He said that unless fiat liquidity conditions change materially, Maelstrom will remain on the sidelines for now, awaiting the impact of the AI IPO wave and possible future policy bailouts.

Source: Shenchao TechFlow