Wall Street investment bank Cantor Fitzgerald will spend $4.00 billion to acquire 30,000 BTC from Blockstream Capital, accelerating its deployment of crypto assets.
According to the Financial Times, Cantor Equity Partners 1, a SPAC entity under Wall Street investment bank Cantor Fitzgerald led by Brandon, son of U.S. Secretary of Commerce Howard Lutnick, will acquire 30,000 $BTC from Adam Back, founder of Blockstream Capital. The agreement also includes raising up to $800 million in external capital for additional Bitcoin purchases, bringing the total transaction value to over $4 billion. [ChainCatcher]
Wall Street investment bank Cantor Fitzgerald will spend $4.00 billion to acquire 30,000 BTC from Blockstream Capital, accelerating its deployment of crypto assets.
According to the Financial Times, Cantor Equity Partners 1, a SPAC entity under Wall Street investment bank Cantor Fitzgerald led by Brandon, son of U.S. Secretary of Commerce Howard Lutnick, will acquire 30,000 BTC from Adam Back, founder of Blockstream Capital. The agreement also includes raising up to $800 million in external capital for additional Bitcoin purchases, bringing the total transaction value to over $4 billion. [ChainCatcher]
