The Bitcoin Standard Treasury Company

Running Bitcoin Standard Treasury

[The Bitcoin Standard Treasury Company @bstrco]

Running Bitcoin Standard Treasury.

@adam3us @macrocrunch

[The Bitcoin Standard Treasury Company @bstrco]

@bstrco Names Bob Stefanowski as CFO. He served as CEO of NEOM USA, where he led the structuring and financing of large-scale infrastructure and project finance transactions in the Middle East, and previously, CFO of UBS Investment Bank. https://t.co/cZW6BrIGKl

[The Bitcoin Standard Treasury Company @bstrco]

@bstrco Bitcoin Standard Treasury Company Year-End Update @adam3us @macrocrunch @kbdow

[The Bitcoin Standard Treasury Company @bstrco]

Bitwise Executive Katherine Dowling Joins Bitcoin Standard Treasury Company @bstrco to Serve as President and Board Member Ahead of Landmark SPAC Business Combination https://t.co/gZAVWgCSNS

[Sean Bill @macrocrunch]

Financing the Future on #Bitcoin! @PrestonPysh and I discuss what the future looks like when it runs on #BTC rails. Great discussion @bitcoinpark_ @bstrco @Blockstream @adam3us

[Tim Kotzman @TimKotzman]

The Bitcoin Journey with Adam Back

Welcome back to The Bitcoin Treasuries Podcast.
Powered by @OnrampBitcoin.

Today's guest is Adam Back, Co-Founder and CEO of https://t.co/bVhtusIBom & Co-Founder and CEO of @bstrco.

We are joined by co-hosts @ejuline and @nithusezni.

We discuss the journey of Bitcoin Treasury companies to date, how Adam allocates his time these days, the first time Adam saw the Bitcoin whitepaper, and much more.

Here's our conversation with @adam3us.

0:00 - Intro
0:18 - If Bitcoin were a sport, which one would it be?
2:10 - How long will this cycle be?
7:00 - The journey of Bitcoin Treasury companies to date
19:41 - How does Adam allocate his time these days?
23:23 - When Adam first saw the Bitcoin Whitepaper
28:23 - Do Bitcoin Treasury companies need to be aware of code changes?
38:01 - Will everyone be developers in the future?
41:37 - Can the taproot upgrade be patched?
51:10 - Can all nodes be prunable?
55:00 - Is there any hope for Treasury companies building on Altcoins?

[The Bitcoin Standard Treasury Company @bstrco]

Final & updated numbers are in: Across July & August, BSTR secured $1.3 billion in fiat commitments:

$400m common equity
$575m convertible senior notes
$300m convertible preferred stock

Plus (as previously announced): 5,021 BTC via the in-kind PIPE, 25,000 BTC from founding shareholders, and up to ~$200m from CEPO at Closing (subject to redemptions).

Our updated investor presentation reflecting these details is available here:
https://t.co/GE7IYaYzlw

For more important information in this regard, please also see the following 8-K filed by CEPO with the SEC: https://t.co/lvAMF7mOL9

[The Bitcoin Standard Treasury Company @bstrco]

Built to HODL. Structured for scale.
$BSTR is the ultimate in bitcoin treasury companies.

https://t.co/8aVtUyh1gz

[The Bitcoin Standard Treasury Company @bstrco]

@ChiefSkurp @MortgageQuant @adam3us this is a point raised in the form of investor presentation filed with SEC. https://t.co/vH4lXL9ypJ

[The Bitcoin Standard Treasury Company @bstrco]

see the 8-K filing referenced above on SEC website. https://t.co/V78eqECXk8

[The Bitcoin Standard Treasury Company @bstrco]

We have raised an additional $65 million - equivalent to approximately 555 Bitcoin at today’s price of $116,750. The funding will become available on closing of BSTR–CEPO business combination. Please see Form 8-K filed with the SEC by $CEPO for important information on this.

[The Bitcoin Standard Treasury Company @bstrco]

$CEPO $BSTR @Official_Cantor @Brandonlutnick . photo courtesy @nasdaq markets. @macrocrunch @adam3us