INSUBCONTINENT EXCLUSIVE:
American financial services firm Cantor Fitzgerald is reportedly planning to acquire more than $3.5 billion worth of Bitcoin from Adam
purchase Bitcoin (BTC) through his firm Cantor Fitzgerald, accordingto reports in the Financial Times and Bloomberg on Tuesday that cited
raised $200 million in January, and Blockstream Capital, a crypto trading group founded by Bitcoin pioneer Adam Back.BlockStream could swap
30,000 BTC for Cantor stakeBlockStream would reportedly contribute as much as 30,000 Bitcoin, currently worth $3.5 billion, in exchange for
shares in the Cantor vehicle, which would be renamed BSTR Holdings.The deal also includes plans to raise up to $800 million in additional
outside capital for further Bitcoin purchases.The Financial Times reported a deal could come as early as this week, but the terms of it
combined crypto purchases between its two vehicles, BSTR Holdings and Twenty One Capital, could reach nearly $10 billion this year, the
strategize around maximizing BTC per share rather than just earnings per share.Related: Maple Finance, FalconX secure Bitcoin-backed loans
Bitcoin vs stablecoins showdown looms as GENIUS Act nears
