Bitcoin Standard Treasury announces plans for a Nasdaq listing and intends to increase its Bitcoin holdings to over 50,000 coins, currently holding 30,000, led by Adam Back.
This old man Adam Back is playing big, BSTR is set to surpass MARA as the second largest BTC holder. I think this merger listing is a smart move that can attract more institutional funds, and the competition for crypto treasury is about to heat up.
Linked to deVere's prediction of 150,000 and Norway's increased holdings, this indicates that the supply tightening of Bitcoin is accelerating, with huge potential for price increases in the future. However, be cautious of short-term corrections and keep a close eye on MSTR's dynamics, as it may trigger a chain reaction.