🚨 #Parataxis to Go Public with $640M SPAC Deal — Big Bitcoin Plans Ahead! 🚨

A bold move is unfolding in the crypto world — Parataxis, a digital asset management firm, is set to go public through a $640 million SPAC merger with SilverBox Corp IV. And the mission? Build a powerful Bitcoin-focused public company from day one!

🔹 What’s Happening?

• 🧾 Parataxis is merging with SPAC SilverBox

• 🪙 Aims to raise $640 million to create a Bitcoin treasury

• 💼 The new company will trade as Parataxis Holdings Inc. (#PRTX ) on the NYSE

🔹 Where’s the Money Going?

• 💰 $240M from the merger

• 🔓 $400M in equity line of credit (ELOC)

• 🚀 $31M immediately set aside to buy Bitcoin — giving direct exposure from day one

🔹 Why It Matters:

• 🏦 #Parataxis isn’t just HODLing — it plans to manage BTC actively and generate yield

• 🌏 Expanding globally with a strong launch in South Korea (Parataxis Korea)

• 📈 Korean stock already pumped 4.5x since June — investor excitement is real

🔹 Big Picture:

#Parataxis is joining the likes of MicroStrategy, but with a twist — yield + exposure + global strategy. If approved, this could become one of the most innovative BTC-centric public listings yet.

👉 All eyes on PRTX — the next potential Bitcoin powerhouse on Wall Street!