Bitcoin Standard Treasury Company (BSTR) CEO Dr. Adam Back joined CIO Sean Bill at Global Alts Miami to discuss why investors should be paying attention to BSTR.
BSTR is expected to launch with 30,021 Bitcoin and approximately $1.4 billion in fiat capital. According to Back, the company has the potential to become one of the top three treasury companies in the world.
What differentiates BSTR from typical treasury companies is its active management approach. BSTR uses diversified, low-risk yield and alpha strategies designed to generate internal returns on Bitcoin holdings.
BSTR plans to fuse Bitcoin into Wall Street by building a company designed for the new rails of finance. The founders contributed about two-thirds of the company’s capital themselves. They brought in active traders and holders from the Bitcoin ecosystem, enabling multiple types of trading alongside a collection of institutional and capital allocators across different instruments. Looking ahead, BSTR also plans to pursue acquisitions.
