TechFlow, Aug 16 — According to CoinDesk, Bitcoin Standard Treasury Co. (BSTR) announced it will go public on Nasdaq through a merger with Cantor Equity Partners (CEPO). The company currently holds 30,021 bitcoins, including 25,000 contributed by founders and 5,021 provided by early investors. BSTR plans to raise up to $1.5 billion, aiming to expand its bitcoin holdings to over 50,000 BTC. The firm will adopt an active financial management strategy and innovatively launch the first physical bitcoin equity PIPE in the United States. The transaction is expected to close in the fourth quarter of 2025, with the company trading under the ticker symbol BSTO on Nasdaq.
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