🚨 Wall Street Deepens Its Bitcoin Bet — Cantor Fitzgerald Eyes $4B Deal
In a major institutional move, Cantor Fitzgerald is reportedly finalizing a $4 billion SPAC deal with Bitcoin pioneer Adam Back, aiming to acquire over 30,000 BTC and bring them under a newly formed public entity called BSTR Holdings.
This would instantly position BSTR among the largest publicly listed Bitcoin holders, alongside giants like MicroStrategy.
Here’s what makes this move significant: 🔹 $3B worth of BTC to be acquired from Back’s Blockstream
🔹 Additional $800M may be raised to fund further purchases
🔹 Equity swap gives Back and Blockstream major BSTR ownership
🔹 Timed strategically during U.S. Crypto Week while Congress debates new digital asset regulations
With ETFs surging, interest rates potentially peaking, and regulatory frameworks finally forming, this deal signals the next chapter of institutional crypto adoption—built not just on speculation, but strategic, long-term conviction.
Wall Street isn’t watching anymore—it’s participating.
