Brandon Lungick, president of the Wall Street investment bank, Cantor Fitzgerald, is in delay discussions with the Bitcoin promoter and the CEO of Blockstream Adam for a Treasury Bitcoin agreement which could be worth more than $ 3 billion, the Financial Times said on Wednesday.
According to the report, the White Check Company of Lutnick Cantor Equity Partners 1 would acquire 30,000 BTC (nearly $ 3.5 billion at current prices) of the rear. In return, the back would receive equity in the vehicle, which would be renamed Bstr Holdings. The company also seeks to raise $ 800 million outside the capital, according to the report.
A final agreement could be announced in the days, although conditions are still under negotiation, according to the report.
The new one follows the Bitcoin Investment Vehicle of Bitcoin by Cantor Fitzgerald, twenty -one capital, which was supported by Softbank, Tether and Bitfinex and led by Jack Mallers, the CEO of the Bitcoin Strike payment application. This is part of a recent tendency to transform listed companies into the cryptographic cash strategy games, by collecting investor funds to acquire digital assets like BTC, Etherum etherum Ethn or Solana soil GROUND.
Back has personally supported several companies focused on Bitcoin this year, including the H100 group in Sweden and the French Blockchain group.
Read more: Bitcoin cash companies develop war chests as global adoption increases
