Bitcoin Standard Treasury Set to Disrupt Markets with Cantor SPAC Public Debut

Wall Street's latest crypto play just flipped the script—again.

The Bitcoin Standard Treasury, a heavyweight in digital asset management, is bypassing traditional IPO routes and going public via Cantor Fitzgerald's SPAC shell game. Because why bother with SEC paperwork when you can reverse-merge into a ready-made Nasdaq listing?

SPACs: Where fundamentals go to die

This isn't your grandpa's market debut. The move signals institutional crypto's end-run around conventional finance—leveraging the SPAC boom's last gasp to bring Bitcoin exposure to retail investors. Cantor's blank-check vehicle provides the perfect Trojan horse for mainstreaming hard-money Bitcoin strategies.

Expect fireworks when this hits the tape. The same suits who called Bitcoin a scam in 2017 are now structuring its path to public markets—proving even Wall Street eventually capitulates to disruptive tech. Just don't ask about the valuation metrics.

Key Takeaways

• Bitcoin Standard Treasury to list on Nasdaq via Cantor Fitzgerald-backed SPAC.
• Company will debut with over 30,000 BTC, becoming the fourth-largest public bitcoin treasury.
• Merger is expected to close in Q4 2025, reflecting rising institutional interest in bitcoin.

Bitcoin Standard Treasury Company is preparing to go public on the Nasdaq by merging with a special purpose acquisition company (SPAC) supported by Cantor Fitzgerald, according to an announcement on Thursday.

Large bitcoin treasury among public firms

The company will debut with more than 30,000 Bitcoin on its balance sheet, positioning it as the fourth-largest listed bitcoin treasury.

This move WOULD place it behind other large holders tracked in public markets, such as MicroStrategy and Marathon Digital.

Cantor Fitzgerald and industry partnerships

This development follows Cantor Fitzgerald’s collaboration with Tether and Softbank on a $3.6 billion bitcoin-focused venture earlier in 2025.

The partnership highlighted growing institutional interest in bitcoin as a treasury asset.

Timeline for the merger

The merger deal between Bitcoin Standard Treasury Company and the Cantor-backed SPAC is expected to close in the fourth quarter of 2025.

A spokesperson for the company stated:

“Bitcoin Standard will go public with over 30,000 bitcoin on its balance sheet, which would it the 4th largest listed bitcoin treasury.”