Cantor Fitzgerald plans to reach a SPAC deal worth more than $4 billion with Bitcoin pioneer

PANews reported on July 16 that according to the Financial Times, Cantor Fitzgerald is in late-stage negotiations with Adam Back , an early Bitcoin supporter and founder of Blockstream Capital, on a Bitcoin acquisition deal totaling more than $ 4 billion. The deal involves Cantor 's SPAC company Cantor Equity Partners 1 , which plans to acquire more than 30,000 Bitcoins and plans to further increase its holdings of digital currencies through external financing.

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