BitBridge Merger Complete: Bitcoin Treasury Giant Eyes Nasdaq Debut by Q3 2025
BitBridge just bulldozed its way through its final merger hurdle—now it’s gunning for Wall Street.
The Bitcoin-focused treasury firm locked in its corporate marriage ahead of schedule, clearing the path for a Nasdaq listing that could land as early as September. No pricey SPAC fluff, no overhyped direct listing—just a straight shot to the big leagues.
Why it matters: Institutional adoption isn’t coming. It’s here. And BitBridge’s playbook reads like a masterclass in crypto maturation—regulatory nods, traditional finance handshakes, and now, a potential blue-chip ticker.
The cynical take: Another ‘crypto goes legit’ story? Sure. But unlike the meme-stock circus, this one’s backed by actual Bitcoin reserves—take that, goldbugs.
What’s next: Keep an eye on SEC filings. If the paperwork doesn’t vanish into bureaucratic oblivion (a big ‘if’), we’re looking at the first pure-play Bitcoin treasury stock on a major exchange. Game recognizes game.
BitBridge Bets on Bitcoin Reserve and Sound Money Strategy
BitBridge’s strategy centers on building a long-term Bitcoin reserve and introducing financial products that align with a sound money philosophy.
The company also announced the upcoming launch of Respect Loan, a lending product that uses Bitcoin as collateral.
Designed with multi-year terms and low interest rates, the program is intended to generate sustainable returns while avoiding the volatility typically associated with crypto-backed loans.
To boost visibility, BitBridge plans to sponsor a high-profile college football team and launch an educational podcast hosted by CEO Paul Jaber.
“BitBridge is positioned to bridge the gap between a declining traditional finance system and a thriving Bitcoin standard,” Jaber said in the release.
The MOVE follows a growing trend of companies adopting Bitcoin treasury strategies, first popularized by Michael Saylor’s Strategy.
JUST IN: BitBridge Capital Strategies (OTC: $BTTL) is now publicly traded as a pure-play #Bitcoin treasury firm
They plan to uplist to the Nasdaq. Hugepic.twitter.com/JdBmzm04El
Public companies now hold over 774,000 BTC, with Strategy accounting for the bulk at 628,791 BTC.
On Monday, Metaplanet added another 463 Bitcoin to its growing treasury, pushing the company’s total holdings to 17,595 BTC.
At current prices, Metaplanet’s total BTC stash is now worth more than ¥261.28 billion or about $1.78 billion. But the company values the holdings even higher based on market gains, bringing its estimated market value closer to $2.02 billion.
Novogratz Says Treasury Crypto Boom Has Peaked, Focus Shifts to Survivors
Galaxy Digital CEO Michael Novogratz believes the wave of new crypto treasury companies has likely hit its peak, with attention now shifting to which existing firms can scale and dominate.
Speaking during Galaxy’s Q2 earnings call, he said, “We’ve probably gone through peak treasury company issuance,” signaling a more competitive phase ahead.
The boom in treasury-based crypto firms was fueled by favorable U.S. regulations, with companies like Strategy, GameStop, TRUMP Media, and SharpLink allocating reserves to Bitcoin, Ethereum, and other digital assets.
However, Novogratz warned that saturation could make it harder for newcomers to gain traction, especially as Ethereum-focused treasuries like BitMine and SharpLink continue to expand.
Galaxy Digital currently manages around $2 billion in assets for over 20 treasury-focused clients, generating steady fees in the process.
The firm recently shifted its listing to Nasdaq and is exploring tokenizing its shares, part of a broader strategy to build blockchain-based financial infrastructure for institutional investors.