Bitcoin Treasury Firm BitBridge Finalizes Merger, Targets Nasdaq Listing in Q3
Main Idea
BitBridge Capital Strategies has completed its merger and plans to uplist to Nasdaq, while launching a Bitcoin-backed lending product and promoting Bitcoin adoption through sponsorships and education.
Key Points
1. BitBridge Capital Strategies completed its merger with Green Mountain Merger Inc. and will trade under the ticker symbol BTTL on the OTC markets by Q3, with plans to uplist to Nasdaq.
2. The firm is launching Respect Loan, a Bitcoin-backed lending product, as part of its strategy to expand the Bitcoin economy.
3. BitBridge plans to sponsor a high-profile college football team and launch an educational podcast hosted by CEO Paul Jaber to boost visibility.
4. Public companies now hold over 774,000 BTC, with Metaplanet recently adding 463 BTC to its holdings, now valued at approximately $1.78 billion.
5. Galaxy Digital CEO Michael Novogratz believes the crypto treasury boom has peaked, with focus shifting to established firms scaling and dominating the market.
Description
BitBridge Capital Strategies has completed its merger with Green Mountain Merger Inc. and is set to begin trading under the ticker symbol BTTL on the OTC markets by the end of Q3. Key Takeaways: BitBridge will trade as BTTL by Q3 and plans to uplist to Nasdaq. The firm is launching a Bitcoin-backed lending product called Respect Loan. BitBridge joins a growing list of public companies building Bitcoin treasuries. The firm also revealed plans to uplist to the NASDAQ, aiming to join the ranks of p...
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