Bitcoin Treasury Firm BitBridge Finalizes Merger, Targets Nasdaq Listing in Q3

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.