Led by the son of the U.S. Secretary of Commerce and joined by Bitcoin godfather Adam Back, a capital game that will rewrite financial history has officially started — are your positions ready?
Insider trading: $4 billion BTC changes hands, Wall Street giants gobble up chips
Epic delivery: Cantor's SPAC (Cantor Equity Partners 1) acquires 30,000 Bitcoins from Blockstream founder Adam Back for a whopping $4 billion, after the transaction, the entity will be renamed BSTR Holdings and plans to raise another $800 million to aggressively purchase 147.
Core power linkage: Trader Brandon Lutnick is the son of U.S. Secretary of Commerce Howard Lutnick, and Adam Back is the only scientist mentioned in the Bitcoin white paper (the inventor of Hashcash), making this a handover with the 'purest Bitcoin lineage'.
Strategic ambition: This is Cantor's second major BTC acquisition in 2025; in April, it teamed up with SoftBank and Tether to establish 'Twenty One Capital' and invested $3.6 billion to build its position. The goal for the year is to reach $10 billion in holdings, crushing MicroStrategy's record of $11 billion!
Signal interpretation: The institutional FOMO wave has arrived, Bitcoin will become the 'new gold' on balance sheets.
Corporate Bitcoin holding frenzy: In Q2 2025, an additional 46 listed companies bought Bitcoin, totaling 847,000 coins (accounting for 4% of the circulating supply), a single-quarter surge of 23%! Cantor's massive order will push this number over 4.3%.
SPAC model disrupts tradition: Lightning acquisition of BTC through a blank check company bypasses the lengthy IPO approval process. BlackRock, Grayscale, and nine other Bitcoin ETFs increased their holdings by 5,383 BTC ($340 million) in a single day, with net inflows for seven consecutive days!
Former Goldman Sachs director asserts: 'Bitcoin standard' companies are rising — balance sheets valued in BTC and debts collateralized with BTC, the miracle of MicroStrategy's stock price increasing 30 times over 3 years will be replicated in bulk!
Countdown to explosive market: $145,000 is just the starting point; the altcoin season is fully awakening!
Technical nuclear bomb: Analyst James Wynn issues an emergency warning: Bitcoin will hit $145,000 by the end of July, then pull back to $110,000, after which a Fed rate cut will ignite a final sprint to $160,000-$240,000!
Altcoin explosion critical point: Bitcoin's market share plummeted 1.85% in a single week, funds are flooding into ETH and MEME sectors! PEPE surged 29% in 24 hours, WIF skyrocketed 24%, Ethereum's 'bull flag breakout' is confirmed, the altcoin season has been ignited!
Policy tailwind: The trading is deliberately timed to coincide with the U.S. 'Crypto Week'; the Trump administration is pushing for relaxed regulations on cryptocurrencies, with Coinbase and Ripple bringing in large amounts of capital to the Republican convention, the policy moat has been established!
Emergency strategy: Three steps to seize the wealth window
Seizing BTC spot: BlackRock's IBIT holdings exceed 318,000 BTC ($20.2 billion), the price gap between retail and institutional investors will rapidly widen;
Ambushing the altcoin leaders: The ETH/BTC exchange rate has reversed at the bottom; focus on the Solana ecosystem's Trump concept coin FEAR NOT (up 3746% in 24 hours), PEPE, WIF, and other funding hotspots;
Beware of short-term volatility: Mt.Gox repayment pressure has not been fully released, but long-term holders have stopped selling, solidifying the market bottom!
Analysis by Old Zhu:
Who is buying? It's not our familiar faces like Musk or MicroStrategy, but rather a special 'shell company' (called Cantor Equity Partners 1) set up by the old Wall Street investment bank Cantor Fitzgerald. The head of this shell company, Brandon Lutnick, has quite a background — his father is the U.S. Secretary of Commerce.
From whom to buy? The seller is the famous Adam Back! He is a legendary figure in the Bitcoin community, the founder of Blockstream, and his research on Hashcash was cited in Satoshi Nakamoto's white paper. He holds quite a few 'old coins'.
How much to buy? The first bite is 30,000 BTC! At current prices, that's worth nearly $2 billion.
Any backup plans? Not just that! This SPAC shell company also plans to raise up to $800 million from external investors (like other large institutions and wealthy investors) specifically to continue buying Bitcoin!
How big is the total market? If this $800 million is also converted to Bitcoin (at current prices, it could buy about 10,000 more), along with the previously purchased 30,000 coins, the total transaction value would exceed $4 billion! This is definitely one of the largest institutional Bitcoin acquisition cases in recent years.
In simple terms, this is a major Wall Street institution (Cantor Fitzgerald) making a massive acquisition of 'spot chips' (30,000 BTC) from Bitcoin pioneer Adam Back through a special channel (SPAC), and planning to attract more external large funds ($800 million) to continue hoarding Bitcoin. It profoundly reflects the rapid upgrade of traditional financial capital's recognition, depth of involvement, and operational methods regarding Bitcoin assets, serving as a strong signal of Bitcoin's accelerated integration into the mainstream financial system. In the long term, the continuous entry of massive capital is a significant positive, but how the short-term market digests this level of 'hand turnover' and potential subsequent actions (such as SPAC listing) needs close attention.
What do you think of Old Zhu's analysis this time? How do you see it? Let's discuss in the comments!
