According to CoinDesk, Adam Back-led Bitcoin Standard Treasury Company (BSTR) is advancing its listing plans, with shareholder approval expected as early as April, and going public through a merger with Cantor Equity Partners I. BSTR plans to hold 30,000 Bitcoins on its balance sheet at the time of listing, of which 25,000 are contributed by Back and other founding shareholders, and 5,000 are contributed by early investors in physical form.
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According to CoinDesk, Adam Back-led Bitcoin Standard Treasury Company (BSTR) is advancing its listing plans, with shareholder approval expected as early as April, and going public through a merger with Cantor Equity Partners I. BSTR plans to hold 30,000 Bitcoins on its balance sheet at the time of listing, of which 25,000 are contributed by Back and other founding shareholders, and 5,000 are contributed by early investors in physical form.