Lately, we’re seeing a growing trend of SPAC deals in crypto where the sole purpose is to acquire and hold Bitcoin — not to operate a business.
Firms like Parataxis and Twenty One are aiming to create public “Bitcoin treasurien” giving investors direct exposure to BTC through traditional markets
It’s a bold move possibly smart but not without risk. Bitcoin’s volatility and SPACs' historically weak performance make it a high stakes play
My take: it’s a new form of crypto investing but one that demands a clear understanding of the difference between speculation and strategic accumulation
