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Bitcoin Standard Treasury nears public debut with 30,021 BTC, becoming 4th largest public Bitcoin holder

Market News
06 Jun 2026
Crypto Briefing
View Source
Bullish
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Bitcoin Standard Treasury Company, led by Adam Back, is set to complete its SPAC merger with Cantor Equity Partners by the end of June 2026. The company will go public holding 30,021 BTC, making it the fourth-largest public Bitcoin treasury at launch. The deal includes a $600 million equity raise partly paid in Bitcoin, signaling a new model of crypto-backed public financing. Post-merger, BSTR aims to actively manage and grow its Bitcoin holdings beyond 50,000 BTC, positioning itself as a major player in Bitcoin asset management.

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