Wall Street investment bank Cantor Fitzgerald will spend $4 billion to acquire 30,000 BTC from Blockstream Capital, accelerating its layout in crypto assets

according to the Financial Times, a SPAC entity Cantor Equity Partners 1 under the Wall Street investment bank Cantor Fitzgerald, led by Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick, will acquire 30,000 BTC from Blockstream Capital founder Adam Back. The agreement also includes raising up to $800 million in external capital for additional Bitcoin purchases, bringing the total transaction value to over $4 billion.