Investment firm Cantor Fitzgerald has announced plans to acquire over 30,000 Bitcoin from Blockstream Capital, reflecting the company's growing interest in cryptocurrencies.
Strategic Bitcoin Accumulation
The deal is conducted through Cantor Equity Partners 1, a special purpose acquisition company that raised $200 million in January 2025. Blockstream Capital will provide its Bitcoin assets in exchange for equity shares in the restructured company. The new name of the merged organization will be BSTR Holdings after the merger is completed.
Institutional Interest in Bitcoin
The deal may be sealed this week, but the terms are still under negotiation. Together with its current holdings, the total amount of cryptocurrencies invested by Cantor may reach $10 billion this year. Earlier, the company struck a $3.6 billion alliance with SoftBank and Tether targeting Bitcoin acquisitions.
Adam Back's Role in the Deal
The involvement of Adam Back, a pioneer in Bitcoin, adds credibility to the transaction. In 1997, his Hashcash system introduced the necessary proof-of-work principles used by Bitcoin's creator Satoshi Nakamoto.
Cantor Fitzgerald's transaction highlights the growing interest of institutional investors in Bitcoin as a financial asset, which could reshape the cryptocurrency market.
