Bitcoin Standard Treasury Company plans to become a public company through a merger with a blank-check firm supported by Cantor Fitzgerald according to their announcement on Thursday. The deal will make Bitcoin Standard a Nasdaq-listed company with more than 30,000 bitcoins on its balance sheet which would establish it as one of the four largest public bitcoin treasuries.
The fourth quarter of 2025 marks the expected completion date of this deal which aligns with Cantor’s digital asset expansion strategy that includes its $3.6 billion bitcoin investment program with Tether and SoftBank from earlier this year.
The company seeks to establish itself as a leading institutional bitcoin adoption platform through its digital asset treasury solutions for corporate and sovereign clients. The company believes public listing will enhance its market presence and reputation in a sector facing ongoing regulatory challenges and market instability.
