Adam Back's Bitcoin Treasury Firm to Go Public with 30K BTC and $1.5B ...

BSTR joins Bitcoin treasury arms race with 30,021 BTC and Wall Street backing

Strategy and other publicly traded BTC holders now have serious competition. With a Cantor-backed SPAC, a $1.5 billion PIPE, and a founding team led by Bitcoin pioneer Adam Back, BSTR is entering the corporate Bitcoin game with a balance sheet…

Adam Back's Bitcoin Treasury Firm to Go Public with 30K BTC and $1.5B ...

Bitcoin co-inventor Adam Back to launch public bitcoin treasury with Cantor Fitzgerald - The Maltese Herald

Various press reports have confirmed that Adam Back is in advanced discussions with Cantor Fitzgerald to form a new publicly traded bitcoin treasury company. The proposed structure would see Back merge his bitcoin treasury company Blockstream with a Cantor Fiztgerald affiliate into a new company called BSTR Holdings. Adam Back will be contributing up to 30,000 BTC to the treasury while Cantor Fiztgerald will be raising up to $800 million in inve…

Bitcoin Standard to Go Public in Landmark SPAC Deal

Bitcoin Standard Treasury Company (BSTR), a new firm focused on holding and growing Bitcoin (BTC) as a core asset, is set to go public The post Bitcoin Standard to Go Public in Landmark SPAC Deal appeared first on TheCoinrise.com.

Bitcoin Treasury Firm Announces $1.5B SPAC Deal to Go Public - USA Herald

BSTR Holdings Inc., a leading bitcoin investment company, today announced a definitive agreement with special purpose acquisition company Cantor Equity Partners I Inc. (CEPO) to go public via a landmark $1.5 billion SPAC deal. The transaction, guided by legal advisors Ellenoff Grossman & Schole LLP and Skadden Arps Slate Meagher & Flom LLP, marks the largest PIPE financing tied to a bitcoin treasury SPAC merger to date. BSTR Holdings is set to l…