Bitcoin News Today: BitBridge Completes SPAC Merger Goes Public with Bitcoin Treasury Focus

BitBridge Capital Strategies has completed its merger with Green Mountain Merger Inc., a publicly traded special-purpose acquisition company (SPAC), and will now operate as a public company with shares trading over-the-counter under the ticker symbol BTTL. The firm is preparing for a Nasdaq listing expected in the third quarter of 2025 [6]. The company has positioned itself as a pure-play Bitcoin treasury firm with no legacy business, focusing entirely on Bitcoin accumulation and treasury strategies [1].

In addition to its planned stock market transition, BitBridge has introduced a new lending product called the Bitcoin Respect Loan. Unlike many existing crypto-backed loans that impose strict liquidation terms, BitBridge’s offering aims to treat Bitcoin with greater respect by setting penalty rates at the level of the lowest U.S. mortgage rates—approximately 6.6%—which is significantly lower than the broader market [1]. The firm stated that this approach reflects its commitment to fostering a more sustainable and borrower-friendly Bitcoin lending model [2].

The Respect Loan is a multi-year secured loan product that allows borrowers to leverage Bitcoin as collateral. The product is part of a broader corporate strategy that includes not just financial innovation but also efforts to expand Bitcoin’s cultural footprint through sports sponsorships and educational initiatives [7]. The firm’s CEO, Paul Jaber, emphasized that BitBridge is positioned to bridge the gap between a traditional financial system in decline and the emerging Bitcoin standard [5].

Despite the announcement of its strategic shift toward Bitcoin-based treasury management and lending, the firm has not disclosed the size of its Bitcoin holdings. This lack of transparency raises questions about the scale of its exposure to Bitcoin as a reserve asset and the potential risks associated with its lending model [3]. The company has also not previously announced any material Bitcoin investments, making it difficult to assess the foundation of its corporate treasury strategy [4].

The market listing of BitBridge reflects a broader trend of institutional players seeking to innovate within the Bitcoin ecosystem by developing structured financial products and services. The firm’s public listing and Respect Loan initiative aim to provide investors with a more transparent and diversified exposure to Bitcoin’s long-term growth while addressing gaps in the current lending landscape [9].

BitBridge’s approach, which includes both corporate branding and financial product development, signals an emerging trend of companies transforming static Bitcoin holdings into dynamic, revenue-generating assets. This strategy aligns with the growing institutional adoption of Bitcoin as a reserve asset and the increasing demand for sophisticated tools in the digital asset space [8].

Sources:

[1] BitBridge Set to Go Public and Launch Bitcoin Respect (https://coincentral.com/bitbridge-set-to-go-public-and-launch-bitcoin-respect-loans-by-q3/)

[2] Bitcoin News Today: BitBridge Completes Merger and Lists (https://www.ainvest.com/news/bitcoin-news-today-bitbridge-completes-merger-lists-otc-nasdaq-uplist-target-2508/)

[3] BitBridge Capital Strategies Successfully Completes (https://www.prnewswire.com/news-releases/bitbridge-capital-strategies-successfully-completes-merger-becomes-publicly-traded-bitcoin-treasury-company-302522244.html)

[4] BitBridge Finalizes Merger, Targets Nasdaq Listing in Q3 (https://cryptonews.com/news/bitcoin-treasury-firm-bitbridge-finalizes-merger-targets-nasdf-listing-in-q3/)

[5] BitBridge Goes Public With Bold Bitcoin Treasury Strategy (https://crypto-economy.com/bitbridge-goes-public-with-bold-bitcoin-treasury-strategy/)

[6] BitBridge to go public as bitcoin treasury firm and launch (https://www.theblock.co/post/365716/bitbridge-to-go-public)

[7] BitBridge prepares for Nasdaq by pushing the corporate (https://en.cryptonomist.ch/2025/08/06/bitbridge-prepares-for-nasdaq-by-pushing-the-corporate-bitcoin-strategy/)

[8] Bitcoin Treasury Firm BitBridge Goes Public with Disruptive (https://www.stocktitan.net/news/BTTL/bit-bridge-capital-strategies-successfully-completes-merger-becomes-e85qbz5wzplf.html)

[9] BitBridge plans to go public as a pure BTC treasury (https://www.mitrade.com/insights/news/live-news/article-3-1016596-20250806)