Cantor SPAC in Talks for Massive $4B Bitcoin Treasury Acquisition

Cantor Fitzgerald, the Wall Street investment powerhouse, is preparing to cement its position in the digital asset space through a massive Bitcoin treasury play.

The deal, if finalized, would see Cantor Equity Partners 1 acquire up to 30,000 BTC and raise an additional $800 million in outside funding to expand its Bitcoin holdings.

The combined $4 billion value would make it one of the largest institutional purchases of Bitcoin to date, signaling a new era of corporate treasury strategy driven by SPAC vehicles and Bitcoin-focused partnerships.

A Strategic Pivot to Bitcoin

This isn't Cantor Fitzgerald's first foray into large-scale Bitcoin ventures. The move follows an earlier $3.9 billion initiative launched in April under a similar framework - an SPAC-backed Bitcoin treasury firm called Twenty One, created in partnership with major crypto entities such as Tether, Bitfinex, and SoftBank. That project marked a watershed moment in institutional Bitcoin strategy, and the latest talks with Blockstream appear to build on that foundation.

Cantor Equity Partners 1, the SPAC in question, is helmed by Brandon Lutnick, son of Cantor Fitzgerald CEO and current U.S. Commerce Secretary Howard Lutnick. The firm raised $200 million through its initial public offering at the beginning of 2025 and has since been exploring high-leverage opportunities in the digital assets sector.