Cantor Fitzgerald in Discussions to Acquire $4B in Crypto, Including 30,000 Bitcoin

Cantor Equity Partners 1, led by Howard Lutnick's son, is in talks to acquire nearly $4 billion in crypto, including 30,000 $BTC from Blockstream Capital's Adam Back. The deal may also involve raising $800 million for more Bitcoin purchases, following Cantor Fitzgerald's SPAC-backed Bitcoin treasury firm creation in April.