Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    Visa Stablecoin Expansion
    NewsCryptoMarket

    Visa Stablecoin Program Hits $2.5B Monthly Run Rate, Adds New Blockchains

    This article was first published on Deythere. Visa is expanding its stablecoin…

    By
    Jane Omada Apeh
    October 29, 2025
    Western Union Stablecoin solana
    NewsBitcoinCryptoMarket
    Western Union to Launch USDPT Stablecoin on Solana for 100 Million Global Customers
    October 29, 2025
    Ethereum Fusaka Upgrade Passes Final Test: Mainnet Launch Set for December
    CryptoEthereumMarketNews
    Ethereum’s Fusaka Upgrade Passes Final Test: Mainnet Launch Set for December
    October 29, 2025
    XRP and SOL Futures Open Interest Peaks on CME as Liquidity Deepens
    MarketCryptoNews
    XRP and Solana Futures Open Interest Peaks on CME as Liquidity Deepens
    October 29, 2025
    image 464
    NewsCryptoSponsored Article
    MoonBull Secures Spot Among Top Crypto Presales in 2025 as HYPE Price Climbs and HBAR Activity Surges
    October 29, 2025
  • Cryptocurrency
    Visa Stablecoin Expansion
    Visa Stablecoin Program Hits $2.5B Monthly Run Rate, Adds New Blockchains
    6 Min Read
    Western Union Stablecoin solana
    Western Union to Launch USDPT Stablecoin on Solana for 100 Million Global Customers
    7 Min Read
    Ethereum Fusaka Upgrade Passes Final Test: Mainnet Launch Set for December
    Ethereum’s Fusaka Upgrade Passes Final Test: Mainnet Launch Set for December
    7 Min Read
    XRP and SOL Futures Open Interest Peaks on CME as Liquidity Deepens
    XRP and Solana Futures Open Interest Peaks on CME as Liquidity Deepens
    6 Min Read
    image 464
    MoonBull Secures Spot Among Top Crypto Presales in 2025 as HYPE Price Climbs and HBAR Activity Surges
    8 Min Read
    image 461
    Top Crypto Presale Live Now – Grab MoonBull at $0.00006584 While TRON and XRP Price Aim for a Strong Rebound
    8 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Why Parataxis’ $640M SPAC Deal Could Be the Next BTC Mega Play
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > Crypto > Bitcoin > Why Parataxis’ $640M SPAC Deal Could Be the Next BTC Mega Play
NewsBitcoinCrypto

Why Parataxis’ $640M SPAC Deal Could Be the Next BTC Mega Play

Why Parataxis’ $640M SPAC Deal Could Be the Next BTC Mega Play
Jane Omada Apeh
Last updated: August 7, 2025 8:29 am
By
Jane Omada Apeh
Published August 7, 2025
5 Min Read
Share

Parataxis Holdings has made the news with a treasury strategy that embeds Bitcoin into its corporate infrastructure and future growth path. The company has entered into a $640 million SPAC merger with SilverBox Corp IV to go public on the NYSE under ticker “PRTX.”

Contents
  • Parallel Expansion in South Korea 
  • Bitcoin Treasury Strategy is a Growing Institutional Trend
  • Conclusion
    • Summary
  • FAQs
    • What is Parataxis’s Bitcoin treasury strategy?
    • How is Parataxis going public?
    • Why expand into South Korea?
    • How does this fit with global institutions?
  • Glossary
    • Sources

Of the newly raised capital, $31 million will be deployed immediately to buy Bitcoin. The SPAC structure provides upfront funding of $240 million plus a $400 million equity line of credit (ELOC) for flexible capital deployment over time. 

Parallel Expansion in South Korea 

As also earlier reported, along with its US listing plan, reports previously shared that Parataxis is expanding into South Korea by acquiring Bridge Biotherapeutics; a biotech company listed on KOSDAQ; for approximately KRW 25 billion (roughly $18.5 million). After shareholder approval, the company will be repurposed and renamed as Parataxis Korea: South Korea’s first publicly traded Bitcoin treasury company.

$640M SPAC Merger Fuels Parataxis Holdings'
$640M SPAC Merger Fuels Parataxis Holdings

This is a global Bitcoin reserve vision and Parataxis seems to be applying its US model to international markets where there is growing demand but limited institutional access to BTC strategies.

Parataxis Korea will not abandon its biotech roots; instead it will be a hybrid entity continuing Bridge Bio’s therapeutic work while layering BTC reserve functions on top.

Reports share that Edward Chin, Parataxis’s CEO and Andrew Kim, a partner at Parataxis Capital will run the firm’s dual mandate, medical innovation and corporate crypto strategy.

For Parataxis, South Korea is an underserved and promising market. With growing institutional crypto demand and no BTC ETF, the region is a blank canvas for treasury solutions, making this expansion an important part of their Bitcoin treasury strategy.

Bitcoin Treasury Strategy is a Growing Institutional Trend

Parataxis is entering a growing institutional trend of companies adopting Bitcoin treasury strategies, using BTC as a non-correlated asset for capital preservation and value appreciation. Public companies like MicroStrategy and Japan’s Metaplanet have set the precedent, making large scale Bitcoin allocations.

Analysts expect Parataxis to trigger over 600 South Korean companies to consider similar strategies in the next year. Globally, the concept of a Bitcoin treasury strategy is a change in corporate thinking. Companies now see BTC as a modern reserve asset with increasing institutional acceptance.

This new public entity will be the country’s first Bitcoin-native treasury platform, dual-tracked with its existing biotech operations. The stock rose by approximately 4.5 times upon then news.

$640M SPAC Merger Fuels Parataxis Holdings'
$640M SPAC Merger Fuels Parataxis Holdings

Conclusion

Based on the latest research, Parataxis Holdings is laying steps on how institutions approach treasury management through financial engineering and operational expansion.

Its dual approach; one in US capital markets and one in Asian public markets, puts the company at the forefront of Bitcoin-reserve innovation.

For in-depth analysis and the latest trends in the crypto space, our team offers expert content regularly.

Summary

Parataxis Holdings is launching its Bitcoin treasury strategy through a public SPAC merger, raising $640 million, deploying $31 million immediately and getting access to additional capital via ELOC. Simultaneously, it will create Parataxis Korea to pioneer BTC treasury structures in Asia. 

FAQs

What is Parataxis’s Bitcoin treasury strategy?

Holding and managing Bitcoin as a corporate reserve asset, using SPAC-driven capital and planned yield-generating mechanisms to accumulate $BTC responsibly.

How is Parataxis going public?

Through a merger with SilverBox Corp IV to list on the NYSE as Parataxis Holdings Inc. and get up to $640 million for treasury execution.

Why expand into South Korea?

South Korea is an underserved market for institutional-grade BTC strategies. Parataxis Korea will run a hybrid biotech-BTC treasury model through public markets.

How does this fit with global institutions?

Parataxis aligns with firms like MicroStrategy and Metaplanet, suggesting that institutional interest in diversifying with Bitcoin is growing globally.

Glossary

Bitcoin treasury strategy – Corporate policy to hold Bitcoin as a reserve asset.
SPAC (Special Purpose Acquisition Company) – A blank check company that raises capital via IPO to merge with or acquire private companies to go public.
ELOC (Equity Line of Credit) – A financing tool to get incremental equity funding after SPAC closes.
Parataxis Korea – The rebranded KOSDAQ listed company originally Bridge Biotherapeutics to become a BTC treasury vehicle.

Sources

Crypto Briefing

Blockonomi
CoinDesk
Cointelegraph
Coinpedia

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Who Really Owns the Trump Wallet? Magic Eden Silent as Family Threatens Action

$1 Million Bitcoin by 2030? Coinbase CEO Explains Why It’s Possible

Pepe Was Just the Start—Troller Cat Is Building Real Buzz and Real Returns Right Now

Qubetics ($TICS) Phase 9 Sparks Buzz: How It Compares to Solana and Cardano

Best Cryptos to Stake: Troller Cat’s Final 48h at $0.00001166 as Dogecoin Rebounds and Pi Consolidates

TAGGED:Bitcoin ExpansionBitcoin treasury strategyParataxis Bitcoin strategyParataxis HoldingsSilverBox Corp IVSouth KoreaSouth Korean crypto

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByJane Omada Apeh
Follow:
Omada is a dedicated crypto journalist with a passion for making the fast-paced world of digital assets understandable and engaging. With years of experience covering cryptocurrency and blockchain innovation, she offers readers more than just the headlines. She provides context, clarity, and depth. Her work spans everything from market trends and regulatory updates to emerging technologies and real-world use cases that are shaping the future of finance. Omada strives to bridge the gap between complex crypto concepts and everyday readers, ensuring that both seasoned investors and curious newcomers can find value in her insights. Her mission is simply to inform, inspire, and keep her audience one step ahead in the ever-evolving crypto universe.
Previous Article image 206 Loud Wins Ahead: MoonBull Whitelist Filling Fast – Top New Meme Coin to Watch as Degen Stabilizes and ANDY Surprises
Next Article image 202 Didn’t Grab Brett in Time? MoonBull Is the Top Meme Coin to Watch for Your Next Moonshot
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe to our newslettern

Get Newest Articles Instantly!

Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production
crypto 2024 1200x720
Decentralized Identity Emerges as a Catalyst for Data Privacy Renaissance
space
Tech Giant Announces Breakthrough in Quantum Computing
worldwide protest
Worldwide Protests Demand Action on Climate Change
global
Global Economic Forecast Reveals Slow Recovery Post-Pandemic
solar power
Revolutionary Solar Power Technology Unveiled

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English