Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
BSTR will be listed through a backdoor listing, holding more than 30,000 bitcoins, becoming the fourth largest listed BTC vault
Odaily News Bitcoin Standard Treasury Company (BSTR) announced that it will go public through a merger with Nasdaq-listed SPAC company Cantor Equity Partners I (CEPO), which is expected to be completed in the fourth quarter of 2025. The stock code after the merger will be BSTR.
Once the transaction is completed, BSTR will hold 30,021 bitcoins, making it the fourth largest listed bitcoin vault in the world.
The transaction also includes up to $1.5 billion in private placement financing (PIPE), including:
$400 million in common stock financing ($10 per share);
US$750 million convertible bond financing (conversion price US$13);
US$350 million convertible preferred stock financing (partially subscribed).
In addition, 5,021 bitcoins have been subscribed from long-term holders, and founding shareholders (including Blockstream) will provide 25,000 bitcoins in support.
BSTRs CEO is Bitcoin veteran, Blockstream CEO and Hashcash inventor Adam Back, and its CIO is former hedge fund manager Sean Bill. They are committed to building a Bitcoin-native capital market and treasury solutions for sovereign and state-owned enterprises.
You may also like
Top 12 Cryptocurrencies to Invest in April 2026
Key Takeaways: Bitcoin remains the dominant player with a $1.42 trillion market cap. Hyperliquid’s HYPE token gains traction,…
18 Best Crypto & Bitcoin Casinos in March 2026
Key Takeaways: Cryptocurrencies offer faster, cheaper, and more private payment options in online casinos. Top crypto casinos include…
Full Post-Mortem of the KelpDAO Incident: Why Did Aave, Which Was Not Compromised, End Up in Crisis Situation?
Key Takeaways: The KelpDAO incident exposed vulnerabilities in collateral pricing and cross-chain bridge operations, affecting Aave’s liquidity. rsETH…
Is MicroStrategy’s STRC Bitcoin’s Savior or Destroyer?
Key Takeaways: MicroStrategy’s STRC offers an annualized yield of 11.5%, driving significant Bitcoin buying pressure. Michael Saylor’s financial…
Ceasefire Expiration and Market Response: Bitcoin Defies Market Trends
Key Takeaways: The current ceasefire agreement is anticipated to expire on Wednesday in Washington, with low likelihood of…
Oil Price Dilemma: More Than a Price Hike
Key Takeaways: Global oil market has surpassed its breaking point, not solving with price hikes but facing significant…
On the Day Aave Launched rsETH, Spark Strategically Exited
Key Takeaways: Aave enabled rsETH lending at a 93% LTV, while Spark withdrew due to low utilization by…
Nasdaq Breaks Record and Crypto Transactions Surge
Key Takeaways: Nasdaq’s rise to a new intraday high indicates strong market momentum. A significant transfer of 35,000…
Powell: Fed Requires a Brand New Inflation Blueprint
Key Takeaways: Powell aims for transformative policy overhauls within the Fed if appointed. Past inflation response mistakes during…
Without Cook’s Apple, Can it Still Grow in the AI Era?
Key Takeaways: John Ternus acts more like a systematic integrator within Apple rather than a solo visionary. Apple’s…
Iran Stock Market and Crypto Developments in Focus
Key Takeaways: The Iranian stock market is set to reopen in 10 to 12 days, excluding companies impacted…
ZachXBT vs. RAVE: Seeking the Truth Behind Crypto Market Volatility
Key Takeaways: In April 2026, RAVE surged by 4500%, later collapsing 90% after investigations by ZachXBT, Binance, and…
Trump Predicts Iran Bombing While Ethereum Moves Spark Interest
Key Takeaways: U.S. President Trump anticipates military action against Iran imminently, with the U.S. armed forces on standby…
Trump Declines Ceasefire Extension Amidst Crypto Market Turmoil
Key Takeaways: President Trump rejects further ceasefire extensions with Iran, emphasizing potential agreement as the path forward. 35,000…
Trump: Surprised by Stock Market Rebound, Thought It Would Fall 20%
Key Takeaways: U.S. President Trump was caught off guard by the stock market’s resilience during the Iran War,…
Chairman of the Joint Chiefs: U.S. Prepared for Swift Large-Scale Operations Against Iran
Key Takeaways: General Mark Milley, U.S. Joint Chiefs of Staff Chair, indicates preparedness for immediate military action against…
U.S. Retail Sales Surpass Expectations as Crypto Activity Escalates
Key Takeaways: U.S. retail sales for March exceeded expectations with a 1.7% increase compared to the forecasted 1.4%.…
Binance to List CHIP Token and Introduce Seed Label
Key Takeaways: Binance will list CHIP on April 21, 2026, enabling trades in CHIP/USDT, CHIP/USDC, and CHIP/TRY pairs.…
Top 12 Cryptocurrencies to Invest in April 2026
Key Takeaways: Bitcoin remains the dominant player with a $1.42 trillion market cap. Hyperliquid’s HYPE token gains traction,…
18 Best Crypto & Bitcoin Casinos in March 2026
Key Takeaways: Cryptocurrencies offer faster, cheaper, and more private payment options in online casinos. Top crypto casinos include…
Full Post-Mortem of the KelpDAO Incident: Why Did Aave, Which Was Not Compromised, End Up in Crisis Situation?
Key Takeaways: The KelpDAO incident exposed vulnerabilities in collateral pricing and cross-chain bridge operations, affecting Aave’s liquidity. rsETH…
Is MicroStrategy’s STRC Bitcoin’s Savior or Destroyer?
Key Takeaways: MicroStrategy’s STRC offers an annualized yield of 11.5%, driving significant Bitcoin buying pressure. Michael Saylor’s financial…
Ceasefire Expiration and Market Response: Bitcoin Defies Market Trends
Key Takeaways: The current ceasefire agreement is anticipated to expire on Wednesday in Washington, with low likelihood of…
Oil Price Dilemma: More Than a Price Hike
Key Takeaways: Global oil market has surpassed its breaking point, not solving with price hikes but facing significant…
App