Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    futuristic bitcoin cityscape art

    Parataxis Merges with SPAC to Create $640M Bitcoin Treasury

    modern cityscape crypto excitement

    Rumble Integrates Bitcoin Lightning Network for Tipping

    brian armstrong crypto portrait

    Coinbase CEO Claims Bitcoin Surpasses Gold in Value

    trivest advisors street scene

    Trivest Advisors Reveals $90M Stake in BlackRock Bitcoin ETF

    metallic bull bear skyscraper hk

    Trivest Advisors Holds Over $90M in Bitcoin ETF

    trivest blackrock etf unveiling

    Trivest Advisors Holds $90M in BlackRock Bitcoin ETF

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    futuristic ethereum cityscape

    Cosmos Health Secures $300M for Ethereum Treasury Strategy

    ethereum cityscape neon painting

    Ethereum Transactions Hit One-Year Peak Amid Regulatory Developments

    ethereum futuristic cityscape

    Ethereum Forecasted to Reach $16,000 by 2025

    ethereum cityscape sunrise art

    Tom Lee Projects Ethereum to Hit $16,000 by 2025

    hong kong financial abstract

    China Eyes First Yuan-Backed Stablecoin Launch

    cityscape crypto oil painting

    Ripple Engages Senate on Crypto Regulation Clarity

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Parataxis Merges with SPAC to Create $640M Bitcoin Treasury

Adriana M. by Adriana M.
August 7, 2025
in Bitcoin News
futuristic bitcoin cityscape art
Key Points:
  • Parataxis partners with SilverBox SPAC to form a Bitcoin treasury.
  • Institutional focus on Bitcoin acquisitions through this platform.
  • Project valued at $640 million upon NYSE listing.
parataxis-merges-with-spac-to-create-640m-bitcoin-treasury
Parataxis Merges with SPAC to Create $640M Bitcoin Treasury

Parataxis Holdings announces a merger with SilverBox Corp IV to form a $640-million Bitcoin treasury company, aiming for an NYSE listing under ticker PRTX.

MAGA

The merger highlights rising institutional investment in Bitcoin and may influence market dynamics by expanding the crypto asset management landscape.

Parataxis Holdings has announced a merger with SilverBox Corp IV, a SPAC, creating a $640 million Bitcoin treasury company. The strategic merger aims to list Parataxis on the NYSE under the ticker PRTX.

Key players in this development include Edward Chin, CEO of Parataxis, and Joe Reece of SilverBox. The partnership supports Parataxis’ strategy to expand its institutional digital asset management platform and immerse into Bitcoin treasury products.

The merger results in immediate financial actions, with $31 million allocated to Bitcoin purchases upon deal closing. This positions Parataxis as a notable institutional BTC agent, leveraging its capital for further acquisitions.

Market reactions see institutional demand for Bitcoin bolstered by this move. The agreement enhances Parataxis’s capability for Bitcoin acquisitions, pushing its digital asset strategy in the US and further supporting its foray into Asian markets.

Historically, similar moves have driven increased awareness and engaged institutional interest but had moderate pricing effects due to market depth. Comparisons include MicroStrategy’s and Galaxy Digital’s strategies.

Potential outcomes include further institutional confidence in Bitcoin, potentially impacting trading volumes and regulatory policies. Historical precedents suggest institutional adoption narratives strengthen, influencing both traditional and digital finance intersections.

Parataxis will be well-capitalized to execute a BTC treasury strategy in the US, enhanced by the yield generation capabilities of an institutional asset manager. – Edward Chin, CEO, Parataxis
Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Rumble Integrates Bitcoin Lightning Network for Tipping

Adriana M.

Adriana M.

Related Posts

modern cityscape crypto excitement

Rumble Integrates Bitcoin Lightning Network for Tipping

by Solomon M.
August 7, 2025

Rumble announces Bitcoin Lightning Network integration for tipping, boosting crypto adoption.

brian armstrong crypto portrait

Coinbase CEO Claims Bitcoin Surpasses Gold in Value

by Adriana M.
August 7, 2025

Brian Armstrong asserts Bitcoin's future dominance over gold in global reserves.

trivest advisors street scene

Trivest Advisors Reveals $90M Stake in BlackRock Bitcoin ETF

by Solomon M.
August 7, 2025

Trivest Advisors discloses a $90M holding in BlackRock's iShares Bitcoin Trust ETF.

metallic bull bear skyscraper hk

Trivest Advisors Holds Over $90M in Bitcoin ETF

by Solomon M.
August 7, 2025

Hong Kong's Trivest Advisors reportedly holds over $90M in BlackRock's Bitcoin ETF.

trivest blackrock etf unveiling

Trivest Advisors Holds $90M in BlackRock Bitcoin ETF

by Solomon M.
August 7, 2025

Trivest Advisors reveals holding over $90 million in BlackRock Bitcoin ETF, indicating strong institutional confidence.

stormy financial district scene

Bollinger Warns of Potential Bitcoin Price Head Fake

by Solomon M.
August 7, 2025

John Bollinger alerts Bitcoin investors on potential price head fake after recent volatility.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.