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Bitcoin Standard Treasury, or BSTR, the Bitcoin accumulation company tied to Adam Back, plans to remain private for the time being, CIO Sean Bill said at the Bitcoin Treasury Conference. Bill added in verbatim English, “again,” and said any renewed push to go public would likely require a bull market, while the company is reassessing its structure from the ground up to find the best fit.
In July, BSTR was reported to be renegotiating merger terms with special purpose acquisition company Cantor Equity Partners, or CEPO.