Reported 2 days ago
Bitcoin Standard Treasury Co. (BSTR), led by Adam Back, is preparing to challenge Marathon Digital Holdings (MARA) as a major corporate holder of Bitcoin. With an initial holding of over 30,021 BTC and plans to exceed 50,000, BSTR is merging with Cantor Equity Partners to go public on Nasdaq. The company aims to enhance bitcoin adoption using innovative financial strategies, while securing significant financing in both bitcoin and fiat. If successful, this endeavor could set a new record for corporate bitcoin treasuries.
Source: YAHOO