$3 billion Bitcoin investment venture? Good for Bitcoin?

[GreatArkansas]

Major developments are unfolding in the crypto space. Cantor Fitzgerald is supporting a huge $3 billion Bitcoin investment initiative named 21 Capital, in partnership with Tether, Bitfinex, and SoftBank. The venture is being set up through a SPAC (Cantor Equity Partners) and follows a strategy similar to MicroStrategy’s approach to acquiring BTC.

https://www.ft.com/content/501210ad-d39b-4d7b-b649-bbd08ceffe6f

What can you say about this? It's like MicroStrategy's approach is spreading.

[SilverCryptoBullet]

The venture is being set up through a SPAC (Cantor Equity Partners) and follows a strategy similar to MicroStrategy’s approach to acquiring BTC.

What can you say about this? It's like MicroStrategy's approach is spreading.

It will surely be spred more now and in future. Business companies want money, profit and if they see role models like Strategy, they will follow it. Success of Strategy's investment strategy and their portfolio has been in two market cycles. It's enough to prove its investment efficiency and enough to make Strategy as an investment role model in Bitcoin market for companies from traditional market.

Who don't want their portfolios similar like this one?
https://saylortracker.com/

[Free Market Capitalist]

What can you say about this? It's like MicroStrategy's approach is spreading.

It is spreading because it is the most profitable and proves that the best use case for bitcoin is as digital capital, not to pay for coffees.

Gradually more and more companies are using the same strategy, but they don't usually make the headlines, unlike what happened when Microsoft refused to buy bitcoin for its reserves. The most potential beneficiaries of such a strategy are not those that are already hugely profitable in themselves. The best thing for StrategyBTC is that by being a pioneer it is the one that benefits the most from others doing the same.

[COBRAS]

bitcoin start opportunity of a price grow, mining will be not so profitable more.

[retreat]

They see that Bitcoin is the right asset to be used as an investment now. Especially there are already several companies that have been successful in investing in Bitcoin, for example MicroStrategy, etc., they might take an example from that and start taking the same approach to investing their funds in Bitcoin to be able to get profit from it.
Moreover from the news I read, Howard Lutnick, the billionaire who was the CEO of Cantor, was one of the people who supported Trump to become president and now he serves as the United States Secretary of Commerce, he believes in Trump's policies that will support the growth of cryptocurrency in America, and that makes him sure to form this crypto venture that could potentially give him profit when the price of Bitcoin goes up.

[kotajikikox]

What can you say about this? It's like MicroStrategy's approach is spreading.

Well because we know that the strategy of microstrategy works so it is not totally surprising to see other institutions get into bitcoin as well. This will not be the last time we will see institutions invest into bitcoin. This certainly will allow for bitcoin to have more exposure and would continue to progress towards being mainstream. With so many institutions getting interested in bitcoin, the legal framework surrounding bitcoin might see good changes.

So now we should keep acquiring and holding bitcoin since there clearly is a lot of demand for it and we would not want to be buying at its most expensive price.

[maydna]

It is good news if they can see the chance to make more money from Bitcoin. Their decision to invest in Bitcoin are right although the time is not too good to start the Bitcoin investment. We hope they will not panic if the price get correction and could buy more Bitcoin when the correction coming in the next. We are happy that more companies realize the opportunity and use the similar strategy that MicroStrategy used. That will give them time to accumulating Bitcoin time to time. Well, we should continue our Bitcoin investment while we still have time.

[OcTradism]

Well because we know that the strategy of microstrategy works so it is not totally surprising to see other institutions get into bitcoin as well. This will not be the last time we will see institutions invest into bitcoin. This certainly will allow for bitcoin to have more exposure and would continue to progress towards being mainstream. With so many institutions getting interested in bitcoin, the legal framework surrounding bitcoin might see good changes.

So now we should keep acquiring and holding bitcoin since there clearly is a lot of demand for it and we would not want to be buying at its most expensive price.

Firstly talking about their previous company name, MicroStrategy, that is not too relevant with their smart development and investment strategy. Their strategy is not Micro, but bigger than that, and big enough to say Macro. I believe that if they choose another name than Strategy, they can use MacroStrategy that is better than MicroStrategy.

Secondly, the very high ROI of Strategy in Bitcoin particularly and the +5.1 million% ROI of Bitcoin in last 14 years, are impressively to bring more institutional investors to this market.

Lastly the batch approval of Bitcoin Spot ETFs in the USA in January 2024 is another big catalyst to bring more instituational investment money to Bitcoin market.

[KiaKia]

It's not bad, but don't forget that every companies investing in Bitcoin are not just doing it so that the price can keep going up, they are throwing in that massive amount of money to make more money too.

What has been happening with Bitcoin since the beginning aka price action will keep taking place, don't forget this, so take your profit as the price action keeps souring higher, it will get to a point where they will have to take profits too.

They might decide to hold just like other big companies too but they know better than average retailers like us, big companies with big money also have expert watching the charts for them, don't let anyone deceive you.

[bitzizzix]

It is good news if they can see the chance to make more money from Bitcoin. Their decision to invest in Bitcoin are right although the time is not too good to start the Bitcoin investment. We hope they will not panic if the price get correction and could buy more Bitcoin when the correction coming in the next. We are happy that more companies realize the opportunity and use the similar strategy that MicroStrategy used. That will give them time to accumulating Bitcoin time to time. Well, we should continue our Bitcoin investment while we still have time.

Because in the end many companies realize that Bitcoin is a very good and profitable investment and also makes their assets grow in the long term, such as public companies MicroStrategy, Tesla and other large companies that have made quite large investments in Bitcoin which in the end many companies want to follow in their footsteps.

And it seems that as long as they have strong beliefs and end up for the long term they will not panic because corrections or declines are the course of the Bitcoin process which will eventually go back up and continue to rise, and I am sure they are large companies that have smart people who have previously considered and also conducted research that is ultimately involved. And like our way of thinking because we have a strong belief that Bitcoin will provide good profits in the long term which makes us continue to try to continue to collect more Bitcoin to generate big profits in the future.

[Publictalk792]

This is big deal and shows that big companies are starting to believe Bitcoin like MicroStrategy. Fact is that big financial company like Cantor Fitzgerald is supporting $3 billion plan to invest in Bitcoin along with other important companies like Tether Bitfinex and even SoftBank really shows that more big businesses are accepting Bitcoin.
This is showing that more Big Companies Wanting Bitcoin $3 billion investment is huge and will probably make more people want to buy Bitcoin which could make its price go up over time. You are right it is showing that  more companies are copying MicroStrategy.
This is also showing that Bitcoin becoming more normal means big well known financial companies like Cantor Fitzgerald get involved in Bitcoin it means Bitcoin is becoming more accepted in the regular financial world.
It is definitely important to look on. If this 21 Capital plan work well it can make Bitcoin even more accepted by big investors.

[Yaunfitda]

What can you say about this? It's like MicroStrategy's approach is spreading.

Definitely it's a big deal to have a entity putting a lot of money in the market. I mean they are not the first to do it, I remember as well a Japanese company recently pour on a huge money on Bitcoin as well. And maybe the timing as well is good as we have seen the prices going up 10% in the last 2 days or so. Maybe this is just one factor that has domino on the averages joe. And then when we have a entity like this, it really makes Bitcoin one of the best asset to hedge our wealthy and for them, store or value and maximizing their profits. There is no secret here, everyone has equal chance to make a lot of money specially in this bull run cycle.

[betswift]

What can you say about this? It's like MicroStrategy's approach is spreading.

Definitely it's a big deal to have a entity putting a lot of money in the market. I mean they are not the first to do it, I remember as well a Japanese company recently pour on a huge money on Bitcoin as well. And maybe the timing as well is good as we have seen the prices going up 10% in the last 2 days or so. Maybe this is just one factor that has domino on the averages joe. And then when we have a entity like this, it really makes Bitcoin one of the best asset to hedge our wealthy and for them, store or value and maximizing their profits. There is no secret here, everyone has equal chance to make a lot of money specially in this bull run cycle.

We may also just go back to where we were just from the market becoming less confident - it's all in a smoke currently, even if we see a positive reaction on BTC chart, and I do hope it will stay that way.

[Lucius]

Major developments are unfolding in the crypto space. Cantor Fitzgerald is supporting a huge $3 billion Bitcoin investment initiative...
~snip~

The headline says that they plan to invest that money in crypto, and since the article is unavailable to me, I wonder if it's true that they only want BTC or do they have other plans? Given that these are people who are connected to the very top of US politics, I would not be surprised if they have similar thoughts as those to whom they generously donated during their campaigns. In other words, perhaps a good portion of these investments will go towards altcoins.

Even if it's just BTC, it could have a positive effect on the price, but I don't think it can be considered positive for BTC in the long term - because if we go in this direction, in 5-10 years millions of BTC will be in the possession of a few big companies. Nothing can be done here, those who have money will buy, those who need money will eventually sell.

[Wexnident]

~

I mean once the market (and other similar big companies) showed that it can be a pretty solid investment it was only a matter of time before others follow suit. Temporarily it sounds like a good thing but them having this much and some capability to collapse the market, even if temporarily, really looks terrifying.

I mean they're goal is sn eventual sell after all so there's definitely going to be some people ( or companies) who would incur losses. To each their own by then I guess

[arwin100]

Major developments are unfolding in the crypto space. Cantor Fitzgerald is supporting a huge $3 billion Bitcoin investment initiative named 21 Capital, in partnership with Tether, Bitfinex, and SoftBank. The venture is being set up through a SPAC (Cantor Equity Partners) and follows a strategy similar to MicroStrategy’s approach to acquiring BTC.

https://www.ft.com/content/501210ad-d39b-4d7b-b649-bbd08ceffe6f

What can you say about this? It's like MicroStrategy's approach is spreading.

$3 billion is small stash and provably cannot affect the market but the influence of that company would provably a big thing especially that they can influence lots of people also company to follow them. But hopefully they know what they are doing since if they are just up for hype and don't know what to do then maybe they would end up dumping their Bitcoins and curse it especially if their experience is bad at the time they invest on Bitcoin.

But let see what's going to happen with them since somehow they are good addition, more company joins and invest on Bitcoin more better for the ecosystem also for those people invest on this coin.

[Nwada001]

Tesla and other large companies that have made quite large investments in Bitcoin which in the end many companies want to follow in their footsteps.

I will not use Tesla as an exam or advise anyone to take their approach. MicroStrategy is doing a nice job, and they have been holding for long without selling, but for Tesla and its CEO Elon, they have an unstable stance in terms of Bitcoin; he can wake up any day and decide to go back to his excuse of Bitcoin being harmful to the environment as an excuse again to empty their 11,509 bitcoins which they hold.

The headline says that they plan to invest that money in crypto, and since the article is unavailable to me, I wonder if it's true that they only want BTC or do they have other plans? Given that these are people who are connected to the very top of US politics, I would not be surprised if they have similar thoughts as those to whom they generously donated during their campaigns. In other words, perhaps a good portion of these investments will go towards altcoins.

The link the OP provided is for only paid membership to access the full content, but you can get the full details from the source below.

The consortium plans to launch a new firm called 21 Capital using $200 million raised in January through the recently established SPAC, Cantor Equity Partners.
21 Capital will receive $1.5 billion in Bitcoin from Tether, $900 million from SoftBank, and $600 million from Bitfinex, as per the report. It also intends to raise a $350 million convertible bond and a $200 million private placement of equity to fund additional Bitcoin purchases, mirroring Strategy’s Bitcoin playbook.
The partners’ Bitcoin investments will be converted into shares of 21 Capital at $10 per share, effectively valuing Bitcoin at $85,000 per coin. The deal, expected to be unveiled in the coming weeks, will expand Cantor’s footprint in the digital asset market, following its advisory role in Tether’s $775 million investment in Rumble.

Even if it's just BTC, it could have a positive effect on the price, but I don't think it can be considered positive for BTC in the long term - because if we go in this direction, in 5-10 years millions of BTC will be in the possession of a few big companies. Nothing can be done here, those who have money will buy, those who need money will eventually sell.

This is one of my fears in terms of institutional investors and country governments coming into the acquisition of bitcoin; it will all boil down to a level where they have their hands in the larger portion of Bitcoin since they can't control the network that can give them access to at least manipulate the market to some extent, which is the disadvantage and negative impact that many are not picturing from this perspective; rather, they are more focused on price increases.

[Lucius]

~snip~
This is one of my fears in terms of institutional investors and country governments coming into the acquisition of bitcoin; it will all boil down to a level where they have their hands in the larger portion of Bitcoin since they can't control the network that can give them access to at least manipulate the market to some extent, which is the disadvantage and negative impact that many are not picturing from this perspective; rather, they are more focused on price increases.

I always wonder if it could have been any different than it is now? Then when I think about it a bit, I realize that it probably couldn't have been any different, because the average person wasn't ready for BTC in 2009, but they're not much more ready today either. We can conclude that big companies do the same as most ordinary people when it comes to BTC, they invest for profit - but with the difference that the big players have capital that far surpasses ordinary people.

The only luck for us (if we can call it that) is that "they" didn't realize the potential that BTC has much earlier, because just imagine all these billions going in that direction today 10 years ago when the price of 1 BTC was only a few hundred $. BTC is one of the few things that has remained under the radar of big players for a very long time, allowing anyone who knows it exists to somehow outsmart them.

[betswift]

Major developments are unfolding in the crypto space. Cantor Fitzgerald is supporting a huge $3 billion Bitcoin investment initiative named 21 Capital, in partnership with Tether, Bitfinex, and SoftBank. The venture is being set up through a SPAC (Cantor Equity Partners) and follows a strategy similar to MicroStrategy’s approach to acquiring BTC.

https://www.ft.com/content/501210ad-d39b-4d7b-b649-bbd08ceffe6f

What can you say about this? It's like MicroStrategy's approach is spreading.

$3 billion is small stash and provably cannot affect the market but the influence of that company would provably a big thing especially that they can influence lots of people also company to follow them. But hopefully they know what they are doing since if they are just up for hype and don't know what to do then maybe they would end up dumping their Bitcoins and curse it especially if their experience is bad at the time they invest on Bitcoin.

But let see what's going to happen with them since somehow they are good addition, more company joins and invest on Bitcoin more better for the ecosystem also for those people invest on this coin.

It's a good and healthy development for sure going into the future: and I do think it will fall with the rest of them coming in recent times.

News are just that - they just change the minds of the people on the subject.

[passwordnow]

Major developments are unfolding in the crypto space. Cantor Fitzgerald is supporting a huge $3 billion Bitcoin investment initiative named 21 Capital, in partnership with Tether, Bitfinex, and SoftBank. The venture is being set up through a SPAC (Cantor Equity Partners) and follows a strategy similar to MicroStrategy’s approach to acquiring BTC.

https://www.ft.com/content/501210ad-d39b-4d7b-b649-bbd08ceffe6f

What can you say about this? It's like MicroStrategy's approach is spreading.

As soon as I've seen Softbank, that's like a gold in my eyes. They're a big investor and they know what's profitable and so they're investing. That's why if this venture is going to be a 3B dollar capital investment, I'm happy to see this happen and if this is going to part of Bitcoin or they're going to put that into portfolio then that's good. It is only a matter of time when this kind of ventures will have the others to enforce and find their partners to share a large pool of fund so that they can have a bigger share of the market and have more bitcoins on hold.