Cantor Fitzgerald signs a $4 billion agreement with Blockstream
The post Cantor Fitzgerald signs a $4 billion agreement with Blockstream appeared on BitcoinEthereumNews.com. In the global financial landscape, Bitcoin establishes itself as a driving force for a new generation of public companies, and the agreement between Cantor Fitzgerald and Blockstream represents a groundbreaking shift in corporate treasury management through Bitcoin. An Unprecedented Agreement: Cantor Fitzgerald and Blockstream Change the Rules The 4 billion dollar deal orchestrated by Cantor Fitzgerald through a SPAC in combination with Blockstream Capital marks an important turning point in the way companies relate to Bitcoin. This operation is not a simple experiment connected to cryptocurrencies, but a true large-scale financial strategy. Blockstream Capital—led by Adam Back, one of the original figures in the Bitcoin scene—will contribute more than 30,000 BTC in exchange for shares in the new public company BSTR Holdings. Additionally, a further 800 million dollars will be raised from external investors to support the aggressive Bitcoin-based expansion plan. The structure of this operation involves Bitcoin being transferred “in natura” in exchange for shares, promoting a direct alignment between those issuing shares and those investing. The entire initiative shows a clear priority: accumulating Bitcoin as a strategic asset, rather than simply converting it into liquidity or using it as a hedging tool. The substantial difference is that BSTR Holdings is expressly created as a modern Bitcoin treasury, placing the cryptocurrency at the center of corporate legitimacy and operations. The role of the SPAC and Brandon Lutnick’s vision Leading this transformation is Brandon Lutnick, recently appointed president of Cantor Fitzgerald. Thanks to a solid and innovative SPAC structure, Lutnick has decided to direct billions of dollars towards Bitcoin, placing the company at the center of a cross section between traditional finance and crypto. This is not the first major move of 2024: Lutnick had already led the purchase of crypto assets for 3.6 billion dollars together with SoftBank and…
The post Cantor Fitzgerald signs a $4 billion agreement with Blockstream appeared on BitcoinEthereumNews.com.
In the global financial landscape, Bitcoin establishes itself as a driving force for a new generation of public companies, and the agreement between Cantor Fitzgerald and Blockstream represents a groundbreaking shift in corporate treasury management through Bitcoin. An Unprecedented Agreement: Cantor Fitzgerald and Blockstream Change the Rules The 4 billion dollar deal orchestrated by Cantor Fitzgerald through a SPAC in combination with Blockstream Capital marks an important turning point in the way companies relate to Bitcoin. This operation is not a simple experiment connected to cryptocurrencies, but a true large-scale financial strategy. Blockstream Capital—led by Adam Back, one of the original figures in the Bitcoin scene—will contribute more than 30,000 BTC in exchange for shares in the new public company BSTR Holdings. Additionally, a further 800 million dollars will be raised from external investors to support the aggressive Bitcoin-based expansion plan. The structure of this operation involves Bitcoin being transferred “in natura” in exchange for shares, promoting a direct alignment between those issuing shares and those investing. The entire initiative shows a clear priority: accumulating Bitcoin as a strategic asset, rather than simply converting it into liquidity or using it as a hedging tool. The substantial difference is that BSTR Holdings is expressly created as a modern Bitcoin treasury, placing the cryptocurrency at the center of corporate legitimacy and operations. The role of the SPAC and Brandon Lutnick’s vision Leading this transformation is Brandon Lutnick, recently appointed president of Cantor Fitzgerald. Thanks to a solid and innovative SPAC structure, Lutnick has decided to direct billions of dollars towards Bitcoin, placing the company at the center of a cross section between traditional finance and crypto. This is not the first major move of 2024: Lutnick had already led the purchase of crypto assets for 3.6 billion dollars together with SoftBank and…
What's Your Reaction?
