Announced
Synopsis
Bitcoin Standard Treasury Company, a capital market company, agreed to go public via SPAC merger with Cantor Fitzgerald, a global financial services and real estate services holding company, in a $1.5bn. “Bitcoin was created as sound money and BSTR is being created to bring that same integrity to modern capital markets. By securing both fiat and Bitcoin funding on day one — including the first convertible preferred round announced in conjunction with a Bitcoin treasury SPAC merger — we are putting unprecedented firepower behind a single mission: maximizing Bitcoin ownership per share while accelerating real-world Bitcoin adoption. I’m grateful for the trust of the Bitcoin OG community and for the unwavering support of Cantor Fitzgerald,” Adam Back, BSTR Co-Founder and CEO.
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