Bitcoin Standard Treasury Set for Nasdaq Listing, Aiming to Become Second-Largest Bitcoin Holder

The Bitcoin Standard Treasury (BSTR), led by renowned crypto figure Adam Back, is preparing to go public through a merger with Cantor Equity Partners. This move aims to significantly increase BSTR’s Bitcoin holdings from the current 30,021 BTC to over 50,000 BTC. This strategic action will position BSTR as the second-largest Bitcoin holder and further solidify the adoption of cryptocurrencies within corporate treasuries.