In a galaxy not so far away (or at least in Hong Kong), the great and powerful Blockstream CEO Adam Back declared that the future of corporate finance involves every company holding Bitcoin in their treasuries. It’s like the eighth colour of the rainbow, but for balance sheets. 🧙💰
JUST IN: Cypherpunk legend Adam Back says, “Eventually all companies will be #Bitcoin treasury companies”
Nothing stops this train
– Bitcoin Magazine (@BitcoinMagazine) August 29, 2025
According to Back, the smartest way for companies to avoid being left in the digital dust is to embrace Bitcoin like a wizard embracing a pointy hat. His strategy? Buy Bitcoin, use capital markets to increase Bitcoin per share, reinvest profits to buy more Bitcoin, and then use the leftover cash to expand products and services. It’s like a Discworld-style money-making golem, but with fewer oozes and more zeroes. 🤔
Corporate Adoption Accelerates (Or Tries To)
Bitwise reports that 28 new companies bought 140,600 BTC in July and August-roughly equivalent to a year’s supply of Bitcoin. If this keeps up, by next Tuesday, your local toaster might own Bitcoin. 🍞💸
JUST IN: Bitwise reports 28 new #Bitcoin treasury companies bought 140.6K BTC in July & August, equivalent to a whole years of supply.
Bullish
– BitcoinTreasuries.NET (@BTCtreasuries) August 29, 2025
Institutions and governments are stacking sats like Ankh-Morporkians stack gold. Publicly traded companies now hold nearly 1 million BTC, with MicroStrategy leading the charge like a dragon guarding a Bitcoin hoard. Private companies and governments aren’t far behind, collectively holding enough BTC to make even the Bank of England blush. 🏦
Adam Back’s BSTR Gears Up for Nasdaq Debut (Or a Very Expensive Party)
Adam Back’s Bitcoin Standard Treasury Company (BSTR) is set to go public via a SPAC merger with Cantor Equity Partners I, backed by Cantor Fitzgerald. The deal? Up to $1.5 billion in funding-because nothing says “confidence” like betting your company’s future on a digital ledger. BSTR will launch with 30,021 BTC on its balance sheet, making it the fourth-largest corporate Bitcoin holder. By Q4 2025, it’ll trade on Nasdaq as “BSTR.” Just don’t ask what the acronym stands for. 🤷
How Corporate Treasuries Could Unlock Trillions (Or Just Confuse Everyone)
Back has previously mused that companies like MicroStrategy are exploiting the gap between fiat and Bitcoin’s potential. This strategy, he claims, could be “highly profitable and scalable,” a phrase that sounds suspiciously like “we’ve hired a consultant.” If adopted en masse, it could position corporations ahead of a future where Bitcoin becomes the global currency. Imagine a world where your pension fund is a Bitcoin wallet and your accountant is a wizard. 🧙♂️💼
With corporate adoption accelerating, Bitcoin is no longer just an asset; it’s becoming a foundation for the future of global finance. Or at least a very expensive hobby. 🚀
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2025-08-29 17:47