Parataxis Holdings to Allocate Up to $640M in Bitcoin for Treasury
Parataxis Holdings, a digital asset manager, has announced that it will purchase up to $640 million in #Bitcoin for its treasury reserves. This major initiative follows its merger with SilverBox Corp IV, and positions Parataxis as one of the leading institutional movers toward Bitcoin-backed treasury management. The firm will begin with an initial $31 million allocation, with plans to reach the full $640 million through additional equity fundraising and partnerships.