{"id":46210,"date":"2025-07-16T11:10:14","date_gmt":"2025-07-16T08:10:14","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=46210"},"modified":"2025-07-16T10:18:25","modified_gmt":"2025-07-16T07:18:25","slug":"cantor-fitzgerald-30k-bitcoin-deal-blockstream-spac","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/cantor-fitzgerald-30k-bitcoin-deal-blockstream-spac\/","title":{"rendered":"$4B Bitcoin Deal in Motion: Cantor &#038; Blockstream Negotiate"},"content":{"rendered":"<p><span data-contrast=\"auto\">Cantor Fitzgerald, led by U.S. Secretary of Commerce <strong>Howard Lutnick<\/strong>, has initiated a <strong>$4 billion<\/strong> move involving <strong>Bitcoin<\/strong> and Blockstream. The firm is negotiating with Blockstream for the acquisition of 30,000 BTC.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Cantor Fitzgerald intends to acquire the <a href=\"https:\/\/coinengineer.net\/blog\/what-happened-with-spot-bitcoin-and-ethereum-etfs-on-july-14\/\"><strong>BTC<\/strong><\/a> from <strong>Blockstream<\/strong> founder Adam Back. Following a $200 million IPO, the company aims to allocate $3 billion for the Bitcoin purchase. Moreover, the proposal is not limited to a share swap. Cantor is also seeking an additional $800 million in investments, targeting a total transaction value of $4 billion.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Upon completion, the <strong>SPAC<\/strong> structure will be rebranded as \u201cBSTR Holdings.\u201d Adam Back will directly receive equity in the newly formed company in exchange for the Bitcoin he provides.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/cantor-fitzgerald-30k-bitcoin-deal-blockstream-spac\/#Leadership_and_Timing_Strategy_Attract_Attention\" title=\"Leadership and Timing Strategy Attract Attention\u00a0\">Leadership and Timing Strategy Attract Attention\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/cantor-fitzgerald-30k-bitcoin-deal-blockstream-spac\/#Bitcoin_Strategy_via_SPAC_From_Cantor_Equity_to_BSTR\" title=\"Bitcoin Strategy via SPAC: From Cantor Equity to BSTR\u00a0\">Bitcoin Strategy via SPAC: From Cantor Equity to BSTR\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Leadership_and_Timing_Strategy_Attract_Attention\"><\/span><span data-contrast=\"auto\">Leadership and Timing Strategy Attract Attention<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">This high-stakes investment process is unfolding during what\u2019s being called \u201ccrypto week\u201d in the U.S., with major crypto regulations under discussion. Meanwhile, leadership changes on the Cantor side are further fueling the motivation behind the move.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Howard Lutnick became U.S. Secretary of Commerce in May 2025, passing on his role at Cantor Fitzgerald to his children. His 27-year-old son Brandon Lutnick was appointed president of Cantor in February. He is directly overseeing the company&#8217;s crypto asset strategy.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Previously, Cantor Fitzgerald played an intermediary role in the $3.6 billion <a href=\"https:\/\/coinengineer.net\/blog\/huge-bitcoin-move-from-tether-softbank-and-lutnick\/\">Tether-SoftBank<\/a> deal. This new Bitcoin initiative marks a significant step toward enabling institutional investment in digital assets through SPAC structures.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bitcoin_Strategy_via_SPAC_From_Cantor_Equity_to_BSTR\"><\/span><span data-contrast=\"auto\">Bitcoin Strategy via SPAC: From Cantor Equity to BSTR<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">The flexibility of the SPAC model makes it an attractive route for companies seeking to add large amounts of Bitcoin to their balance sheets. The Cantor-Blockstream negotiations exemplify this strategy. If completed, 30,000 BTC will become assets of a publicly traded company.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\"> <em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\">Telegram<\/a>,\u00a0<a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">YouTube<\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cantor Fitzgerald, led by U.S. Secretary of Commerce Howard Lutnick, has initiated a $4 billion move involving Bitcoin and Blockstream. The firm is negotiating with Blockstream for the acquisition of 30,000 BTC.\u00a0 Cantor Fitzgerald intends to acquire the BTC from Blockstream founder Adam Back. Following a $200 million IPO, the company aims to allocate $3<\/p>\n","protected":false},"author":36,"featured_media":34472,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[657,2],"tags":[20743,12263,20741,20744,19516,20740,12962,20746,20742,20745],"class_list":["post-46210","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-en","category-news","tag-adam-back-btc","tag-bitcoin-acquisition","tag-blockstream-deal","tag-brandon-lutnick-crypto","tag-btc-investment-plan","tag-cantor-fitzgerald-news","tag-digital-asset-strategy","tag-spac-bitcoin-merger","tag-spac-crypto","tag-us-commerce-bitcoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>$4B Bitcoin Deal in Motion: Cantor &amp; Blockstream Negotiate - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Cantor Fitzgerald plans to acquire 30,000 BTC from Blockstream in a $4B deal, led by Brandon Lutnick. 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