SoftBank, Tether, And Cantor Fitzgerald Prepare $3B Bitcoin Treasury Vehicle
Briefly

SoftBank is reportedly negotiating with Tether and Cantor Fitzgerald to establish a $3 billion Bitcoin treasury vehicle, which would be unique as it would be capitalized directly in Bitcoin. If successful, this move would place SoftBank among the top Bitcoin-holding public firms globally. Corporations like Strategy showcase the benefits of holding Bitcoin as an asset, emphasizing not just preservation of value but the potential for new capital influxes. This transition signals a broader corporate acceptance of Bitcoin as a significant component in modern financial strategies.
SoftBank is reportedly in talks to launch a $3 billion Bitcoin treasury vehicle with Tether and Cantor Fitzgerald, solidifying the corporate shift towards digital assets.
By potentially holding $3 billion in Bitcoin on its balance sheet, SoftBank would significantly redefine its capital strategy, joining a growing number of companies embracing digital currencies.
Read at Bitcoin Magazine
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