SilverBox Corp. IV and Parataxis Holdings Advance Toward Merger as Parataxis Korea Achieves Major Bitcoin Milestones

Reuters
Oct 15, 2025
<a href="https://laohu8.com/S/SBXD.U">SilverBox Corp. IV</a> and Parataxis Holdings Advance Toward Merger as Parataxis Korea Achieves Major Bitcoin Milestones

Parataxis Holdings LLC has provided an update on its ongoing business combination with SilverBox Corp IV, highlighting significant operational progress at its South Korean subsidiary, Parataxis Korea. Since its transformation from Bridge Biotherapeutics in August 2025, Parataxis Korea has accumulated over 150 Bitcoin, completed a KRW 10 billion (approximately US$7 million) equity financing round, and announced plans to acquire 1,150 ASIC miners to create a vertically-integrated Bitcoin yield platform. These developments are seen as strong proof points of Parataxis Holdings' broader Bitcoin-native asset management strategy amid the proposed combination with SilverBox Corp IV.

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