The consortium led by Brandon Lutnicka Cantor Equity Partners is preparing one of the most ambitious bitcoin fiscal plants, because Microstrategy for the first time changed the balance to proxy for the cryptocurrency market. According to the Financial Times reportA special acquisition company (SPAC) supported by Cantor Fitzgerald in the amount of $ 3 billion in Bitcoin contributions from Softbank, Tether and Bitfinex to sow a up-to-date entity called 21 Capital.
Cantor, Softbank and Tether Bet on Bitcoin
The agreement would mean a dramatic entrance to Brandon Lutnicka-Nieco installed as chairman Cantor Fitzgerald after his father, Howard Lutnicka, joined Trump’s administration as a trade secretary-in the center of the expected awakening after elections in an American digital investment. Three people informed the FT plan that 21 Capital would strive to repeat “the success of MicroStrategy, a one -time software company that increased after turning to invest in cryptocurrency.”
Cantor Equity Partners collected $ 200 million in the January IPO. This cash, along with the bitcoins of partners, supplies the basic treasure of 21 capital. The division quoted in the report allocates $ 1.5 billion in Bitcoin from Tether, $ 900 million with Softbank and $ 600 million from Bitfinex. Another replacement bond in the amount of $ 350 million and $ 200 million Private Equits are set “for the purchase of additional bitcoins”, the sources say.
After completing, digital contributions would transform into 21 capital shares per USD 10 per share, valued Bitcoins at USD 85,000 per coin. The plan is still fluid. FT warns that “the contract will probably be announced in the coming weeks, it may still not materialize and the numbers may change.”
Microstrategy’s long-term accumulation of Bitcoins has brought a market capitalization worth $ 91 billion, and its model-order of equity and a low financial level-they became a textbook of the acceptance of digital assets by the corporation. The proposed Lutnicka vehicle is the first SPAC clearly designed to imitate this vast -scale template, and it arrives when the Trump administration signals “a more accommodating attitude in cryptocurrency trading.”
Cantor Fitzgerald has already benefited from a up-to-date political climate, advising a $ 775 million in the Tether investment in a conservative Rumble video sharing platform. The brokerage house is also sponsored by two additional points directed by Lutnick, which remain in search of goals.
The presence of Softbank – with “180 billion dollars of assets, $ 32 billion in cash and a huge portfolio of companies” as the general director of BTC Inc. David Bailey noticed-Dives proposed vehicle immediate global weight. Bailey told Obsers of X: “Softbank officially entered the Bitcoin market with an initial acquisition of USD 900 million … Son Masayoshi!” Steven Lubka, who runs Swan Private Wealth, simply published: “Cantor, Softbank and Tether launching the BTC acquisition vehicle.”
Market observers quickly linked the appearance of a consortium with a recent Bitcoin price. Tur Demeester, host of Podcast B Reel and director at Texas Bitcoin Foundation, wrote that “this advertisement can explain why Bitcoin has increased by 12% over the past week.”
Jeff Park, head of Alfa Strategy in Bitwe, framed Cooperation in geopolitical categories, calling it “the final” excessive privilege “of a joint undertaking – so wild that you can not start how he unloads the dollar export machine in a positive feedback loop of the existing global transmission system.”
During the BTC press it traded at USD 93,391.
A distinguished painting created from Dall.e, chart from tradingview.com
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