Bitcoin Standard Treasury: Will increase the amount of bitcoin holdings on the balance sheet to more than 50,000
2025-08-16 14:39:49
Bitcoin Standard Treasury (BSTR), a company led by cryptography pioneer Adam Back, has announced that it is preparing to list on NASDAQ through a merger with Cantor Equity Partners (CEPO). It now has 30,021 BTC on its balance sheet and plans to increase its bitcoin reserves to more than 50,000. It is expected to surpass MARA Holdings (MARA) and become the second largest BTC holder after Strategy. As of now, MSTR, MARA and BSTR hold about 710,000 BTC, accounting for about 3.38% of the fixed supply of 21 million BTC.
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