Bitcoin reserve company BSTR is preparing to go public with CEPO and already holds over 30,000 BTC
TechFlame
2025-08-16 15:54
TechFlame2025-08-16 15:54
English
TechFlame news, according to market sources, Bitcoin Standard Treasury Co. (BSTR for short) is preparing to land on NASDAQ through a merger with Cantor Equity Partners (CEPO). It currently holds 30,021 bitcoins on its balance sheet and plans to increase its holdings to over 50,000. This means it is poised to surpass MARA Holdings (MARA) and become the second-largest corporate Bitcoin holder after MicroStrategy (MSTR). MARA has more than 50,600 bitcoins, while MicroStrategy's holdings are close to 629,000. Currently, MSTR, MARA, and BSTR collectively hold approximately 710,000 bitcoins, accounting for about 3.38% of the fixed supply of 21 million bitcoins. The deal is expected to close in the fourth quarter, and the company will be listed on NASDAQ under the BSTO code. If the financing is fully completed, BSTR will set a new record for the size of the company's Bitcoin finance and provide an example for other companies to combine a sound currency with modern market tools.