🚀 FLASHBACK: The $4B Bitcoin SPAC That Shook Wall Street!
Back in mid‑July 2025, Cantor Fitzgerald's SPAC, Cantor Equity Partners 1 (soon to be renamed BSTR Holdings), entered late‑stage negotiations to acquire 30,000 BTC—worth over $3 billion—from crypto pioneer Adam Back of Blockstream Capital. The deal also included raising $800 million in additional capital to bring the total value to over $4 billion .
🔍 Why It Mattered:
Massive institutional bet – a billion-dollar valuation signaling serious Wall Street confidence in Bitcoin .
SPAC meets crypto boom – a defining moment in the evolution of SPAC-backed crypto treasury firms .
Strategic playbook – this deal followed a $3.6 billion SPAC venture in April, positioning Cantor’s 2025 Bitcoin acquisitions close to $10 billion .
📚 Takeaway:
This isn't current news—it’s a historical flashpoint: when legacy finance converged with crypto at monumental scale.
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