BitBridge, a Bitcoin treasury company, completes merger and aims for Nasdaq listing in the third quarter.

BitBridge Capital Strategies has finalized its merger with Green Mountain Merger Inc. and is expected to commence trading under the ticker symbol BTTL on the OTC markets by the conclusion of Q3.

Key Takeaways:

• BitBridge will operate as BTTL by Q3 and intends to uplist to Nasdaq.
• The company is introducing a Bitcoin-backed lending product named Respect Loan.
• BitBridge joins an expanding roster of public companies establishing Bitcoin treasuries.

The firm also disclosed its plans to uplist to NASDAQ, aiming to align with public companies utilizing Bitcoin as a fundamental treasury asset, as stated in a press release on Tuesday.

In contrast to many firms in the sector, BitBridge highlights that it has no legacy operations and is fully dedicated to advancing the Bitcoin economy.

BitBridge Focuses on Bitcoin Reserve and Sound Money Approach

BitBridge’s approach revolves around creating a long-term Bitcoin reserve and launching financial products that adhere to a sound money philosophy.

The company also announced the imminent introduction of Respect Loan, a lending product that employs Bitcoin as collateral.

Structured with multi-year terms and competitive interest rates, the initiative aims to produce sustainable returns while mitigating the volatility commonly linked to crypto-backed loans.

To enhance its visibility, BitBridge intends to sponsor a prominent college football team and initiate 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 stated in the release.

This initiative follows a rising trend of companies adopting Bitcoin treasury strategies, initially popularized by Michael Saylor’s approach.

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. Huge pic.twitter.com/JdBmzm04El

— BitcoinTreasuries.NET (@BTCtreasuries) August 5, 2025

Public companies currently hold over 774,000 BTC, with Strategy accounting for the majority at 628,791 BTC.

On Monday, Metaplanet added an additional 463 Bitcoin to its expanding treasury, raising the company’s total holdings to 17,595 BTC.

At present prices, Metaplanet’s total BTC holdings are valued at over ¥261.28 billion or approximately $1.78 billion. However, the company assesses the value of its holdings even higher based on market appreciation, bringing its estimated market value closer to $2.02 billion.

Novogratz Indicates Treasury Crypto Surge Has Reached Its Peak, Attention Shifts to Survivors

Galaxy Digital CEO Michael Novogratz suggests that the influx of new crypto treasury companies has likely reached its zenith, with focus now shifting to which established firms can scale and lead.

During Galaxy’s Q2 earnings call, he remarked, “We’ve probably gone through peak treasury company issuance,” indicating a more competitive landscape ahead.

The surge in treasury-based crypto firms was driven by favorable U.S. regulations, with companies such as Strategy, GameStop, Trump Media, and SharpLink allocating reserves to Bitcoin, Ethereum, and other digital assets.

However, Novogratz cautioned that market saturation could hinder newcomers from gaining traction, particularly as Ethereum-focused treasuries like BitMine and SharpLink continue to grow.

Galaxy Digital currently manages approximately $2 billion in assets for over 20 treasury-focused clients, generating consistent fees in the process.

The firm has recently transitioned its listing to Nasdaq and is investigating the tokenization of its shares, part of a broader strategy to develop blockchain-based financial infrastructure for institutional investors.

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