Adam Back’s $2.1B Bitcoin Treasury Play Set to Challenge MARA in BTC Holdings

coindesk.com/markets/2025/08/16/adam-back-s-usd2-1b-bitcoin-treasury-play-set-to-challenge-mara-in-btc-holdings

Bitcoin Standard Treasury Co. (BSTR), a bitcoin (BTC) treasury vehicle led by cryptography pioneer Adam Back, sees itself as a company with a mission to accelerate real-world bitcoin adoption.
But it might be setting out on another milestone: becoming one of the biggest corporate bitcoin…

This story appeared on coindesk.com, 2025-08-16 14:00:00.
The Entire Business World on a Single Page. Free to Use →