#BitcoinSPACDeal Secondly: What is the "Bitcoin SPAC Deal" (#BitcoinSPACDeal)?
It refers to merger deals between SPACs and companies operating in Bitcoin or digital currencies in general. These deals allow these bold companies to enter the public market quickly and efficiently, without the traditional IPO steps. Companies like Bakkt and Cipher Mining benefit from these deals by bypassing the tangled IPO processes.