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Bitcoin Treasury Company BSTR plans to merge with CEPO to list on Nasdaq
According to Foresight News, according to CoinDesk, Bitcoin Standard Treasury (BSTR) is preparing to go public on Nasdaq through a merger with Cantor Equity Partners (CEPO). It has held 30,021 bitcoins on its balance sheet and plans to increase its holdings to more than 50,000. The company also plans to raise $1.5 billion through fiat currency financing, with the transaction expected to be completed in the fourth quarter, and the company will trade under the reserved code BSTR.
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