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Parataxis to List on NYSE Through $640 Million SPAC Deal With SilverBox

It combines disciplined Bitcoin treasury management with yield generation in a publicly traded structure, awaiting shareholder, SEC approval ahead of a Q4 closing.

Bitcoin asset manager parataxis to go public in $400m spac deal backed by silverbox
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Parataxis
Bitcoin-native Parataxis to go public in $640M SPAC deal with SilverBox

Overview

  • Parataxis merges with SilverBox Corp IV to form Parataxis Holdings Inc. on the New York Stock Exchange under ticker PRTX.
  • The SPAC merger could provide up to $640 million in gross proceeds through a $240 million SPAC trust combined with a $400 million equity line.
  • Approximately $31 million of the raised capital has already been earmarked for immediate Bitcoin purchases, offering incoming shareholders direct BTC exposure.
  • The firm’s strategy blends active Bitcoin accumulation with yield-generating trading and treasury operations rather than passive holdings.
  • The transaction integrates Parataxis Korea—established via the Bridge Biotherapeutics acquisition with shares up 4.5× since June—and awaits shareholder consent and SEC review for an expected Q4 closing.