B
Bitcoin Standard Treasury Company
Bitcoin Standard Treasury Company (BSTR), led by renowned cryptographer Adam Back, is preparing for a public debut through a merger with Cantor Equity Partners I (CEPO), a SPAC chaired by Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick. CEPO, sponsored by Cantor Fitzgerald, raised approximately US $200 million in its January IPO. Under the agreement, Back, along with Blockstream Capital, will contribute over 30,000 BTC—valued at more than US $3 billion—into the SPAC in exchange for shares in the newly formed BSTR Holdings
Verified
1
Cryptocurrencies Held
30,021.00
BTC Holdings
$3.3B
Total Value (USD)
Holdings Details
| Cryptocurrency | Amount | Value (USD) | Holding Purpose | Verification |
|---|---|---|---|---|
|
Bitcoin
BTC
|
30,021 BTC | $3.3B | Treasury Management |
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