$640M SPAC fuels Parataxis Bitcoin buy-up as public BTC treasuries surpass 230

Parataxis Capital is set to go public through a merger with SilverBox Corp IV in a deal that could deliver up to $640 million in capital, according to a definitive agreement announced August 7. The...

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$640M SPAC fuels Parataxis Bitcoin buy-up as public BTC treasuries surpass 230

Source: CryptoSlate

Parataxis Capital is set to go public through a merger with SilverBox Corp IV in a deal that could deliver up to $640 million in capital, according to a definitive agreement announced August 7. The transaction combines $240 million in trust capital with a $400 million equity facility, and it positions the Bitcoin-focused asset manager […]

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