Bitcoin Standard Treasury: Increase Bitcoin holdings on balance sheet to over 50000 coins According to a report by Golden Finance, Bitcoin Standard Treasury (BSTR), led by cryptography pioneer Adam Back, announced that it is preparing to list on NASDAQ through a merger with Cantor Equity Partners (CEPO). Currently, it has 30021 BTC on its balance sheet and plans to increase its Bitcoin reserves to over 50000, potentially surpassing MARA Holdings (MARA) and becoming the second largest BTC holder after Strategy. As of now, MSTR, MARA, and BSTR hold approximately 710000 bitcoins, accounting for 3.38% of the fixed supply of 21 million bitcoins.