Bitcoin Standard will go public with 30,000 BTC on its balance

The Bitcoiner and entrepreneur, Adam Back, is the CEO of this Bitcoin treasury company. The American company Bitcoin Standard Treasury Company (BSTR), whose CEO is the Bitcoiner Adam Back, merged with the company Cantor Equity Partners (CEPO) —linked to an investment bank in New York— with the goal of starting to trade on the stock market.

This company, which joins the trend of corporate Bitcoin (BTC) treasuries, will debut with over 30,000 BTC on its balance, which is equivalent to over 3.5 billion dollars. Thus, Bitcoin Standard would become the fourth publicly traded company with the most BTC in its treasury after Strategy, Mara Holdings, and XXI.