Bitcoin Standard Set to Disrupt Nasdaq with 30,021 BTC Treasury After Cantor Merger

Wall Street meets crypto in a seismic power play.

The Bitcoin Standard—now packing a 30,021 BTC war chest—just punched its ticket to Nasdaq via Cantor Fitzgerald merger. Forget 'going public'—this is a full-scale financial system infiltration.

Why TradFi Should Sweat

That bitcoin stash? Worth over $1.8 billion at today's prices. Suddenly every legacy finance suit questioning their 'digital gold is a fad' thesis.

The Cynic's Corner

Because nothing screams 'mainstream adoption' like co-opting the very system bitcoin was built to dismantle. The irony? Thicker than a banker's bonus.

One thing's clear: The lines between crypto and traditional finance aren't just blurring—they're being bulldozed.

Veterans join as executives

Adam Back will serve as CEO, and Sean Bill as chief investment officer. Back is known for inventing Hashcash, the proof-of-work system cited in the Bitcoin WHITE paper, and co-founding Blockstream. 

Bill previously helped advance one of the earliest Bitcoin allocations by a US public pension plan and has focused on integrating digital assets into institutional portfolios. 

BSTR frames its mandate as accumulating Bitcoin, generating in‑kind Bitcoin yield, and advising corporates and sovereigns on Bitcoin-denominated treasury strategies, measured in BTC per share. 

Back said in the announcement:

Cantor Equity Partners I chairman Brandon Lutnick called the transaction “another step towards the integration of the Bitcoin economy and traditional finance.”

The merger was approved by the boards of both BSTR and CEPO. Closing will require approval from CEPO shareholders and the fulfillment of customary conditions. 

CEPO will file additional information, including the Business Combination Agreement, PIPE documentation, and an investor presentation, in current reports on FORM 8-K and a forthcoming Form S-4 registration statement, which will contain the prospectus materials.