Bitcoin Standard Treasury Eyes Nasdaq Listing Through Merger

Bitcoin Standard Treasury (BSTR) is on track for a public listing on the Nasdaq through a merger with Cantor Equity Partners (CEPO). The company currently holds 30,021 bitcoins and plans to significantly increase its holdings, aiming for over 50,000 bitcoins. BSTR is also raising $1.5 billion in fiat currency financing to support this expansion. This transaction, expected to close in the fourth quarter of 2023, will see the company listed under the ticker symbol BSTR.