Adam Back's Bitcoin Treasury Company BSTR to Go Public with 30,000 BTC Holdings

Adam Back, a Bitcoin OG and founder of blockchain infrastructure company Blockstream, is leading BSTR Holdings, which announced a SPAC merger with Canter Equity Partners 1 on the 17th. Post-merger, the company will list on NASDAQ under the ticker symbol 'BSTR', with Mr. Back serving as CEO and Mr. Shaun Bell as CIO. BSTR holds 30,021 BTC on its balance sheet, positioning it as the fourth largest corporate holder of Bitcoin assets globally. The company raised $1.5 billion through a PIPE (Private Investment in Public Equity) in anticipation of the Bitcoin asset SPAC merger...