Bitcoin News Today: BitBridge Completes Merger and Lists on OTC with Nasdaq Uplist Target

BitBridge Capital Strategies has completed its merger with Green Mountain Merger Inc. and is now publicly traded under the ticker symbol BTTL on the OTC markets, with plans to uplist to the NASDAQ by the end of Q3 2025. The firm, which positions itself as a Bitcoin-focused treasury company with no legacy operations, aims to join a growing list of public entities integrating Bitcoin into their core financial strategies [1]. The move follows increasing traction in the space, with companies like Strategy, GameStop, and Trump Media building significant Bitcoin reserves.

BitBridge is also launching Respect Loan, a Bitcoin-backed lending product designed to offer multi-year terms with low interest rates, aiming to generate sustainable returns while mitigating the volatility typically associated with crypto-backed loans [1]. The company’s strategy emphasizes long-term Bitcoin reserve growth and aligns with a sound money philosophy, as articulated by CEO Paul Jaber, who described BitBridge as a bridge between a declining traditional financial system and a Bitcoin-based standard [1].

To increase awareness and engagement, BitBridge plans to sponsor a prominent college football team and launch an educational podcast led by Jaber [1]. The firm’s approach differentiates it from other entrants in the Bitcoin treasury space, which often face challenges in scaling amid a competitive and increasingly saturated market.

Galaxy Digital CEO Michael Novogratz recently signaled that the wave of new crypto treasury companies may be nearing its peak, with market focus shifting to which existing firms can scale and dominate [1]. He noted that while favorable U.S. regulations initially fueled the boom in Bitcoin treasury strategies, the landscape is now becoming more competitive, particularly as Ethereum-focused treasuries like BitMine and SharpLink expand their operations.

Public companies now hold over 774,000 BTC, with Strategy accounting for the majority at 628,791 BTC. Meanwhile, Metaplanet recently added another 463 Bitcoin to its treasury, bringing its total holdings to 17,595 BTC. At current prices, the company’s Bitcoin stash is valued at over $1.78 billion, with potential market gains pushing the estimated value closer to $2.02 billion [1].

BitBridge’s merger and public listing represent a significant step for the Bitcoin treasury sector, as the firm aims to establish itself as a leader in institutional Bitcoin adoption while navigating an evolving regulatory and market environment.

Source: [1] Bitcoin Treasury Firm BitBridge Finalizes Merger, Targets Nasdaq Listing in Q3 (https://cryptonews.com/news/bitcoin-treasury-firm-bitbridge-finalizes-merger-targets-nasdaq-listing-in-q3/)