The American company Bitcoin Standard Treasury Company (BSTR), whose CEO is the Bitcoiner Adam Back, merged with the Cantor Equity Partners (CEPO) company – void to a New York investment bank – with the aim of Start quoting in the stock market.
This company, which adds to the Bitcoin (BTC) corporate treasury trend, will debut with more than 30,000 BTC in your balanceequivalent to more than 3.5 billion dollars.
Thus, Bitcoin Standard It would become the fourth public contribution company with more BTC in its treasury After Strategy, Mara Holdings and XXI.
BTC’s initial reserve comes from founding shareholders, which includes 25,000 BTC contributed by Back. In addition, they intend to be financed through the sale of shares, as Strategy, Metaplenet, XXI and other companies do. The company I could get $ 1.5 billion through its initial financing round.
As cryptootics has reported it, the strategy of issuing corporate debt to buy Bitcoin is a growing trend although it is not risk -free.
