🚀 $640M SPAC Supercharges Parataxis’ Bitcoin Buying Spree as Public BTC Holdings Blow Past 230

Wall Street's latest SPAC-fueled gamble just went full crypto. Parataxis Capital is doubling down on Bitcoin—backed by a $640 million blank-check deal—as corporations keep stacking sats like there's no tomorrow.

The Bigger Picture: Public companies now hold over 230 Bitcoin treasuries. That's not adoption—that's a corporate arms race where the weapons are digital scarcity and the battlefield is your portfolio.

Why It Matters: When traditional finance starts playing with crypto's matches, you get either fireworks or dumpster fires. This time? The smart money’s betting on fireworks—though we’ve seen this movie before (looking at you, 2021 MicroStrategy).

The Punchline: Another day, another nine-figure bet that Bitcoin will outlast fiat. At this rate, Jamie Dimon might need a SPAC just to buy back his dignity.