BitBridge Capital Strategies has announced plans to begin trading under the ticker BTTL after completing its merger with Green Mountain Merger Corp.
Trading Plans and Merger
BitBridge Capital Strategies has announced that it will complete its merger with Green Mountain Merger Corp. and begin trading under the new ticker BTTL by the end of the third quarter. Following this, the company plans to uplist to the NASDAQ.
Bitcoin Accumulation Strategy
Unlike other firms holding bitcoin on their balance sheets, BitBridge claims it has no legacy operations. The company positions itself as a pure-play investment firm, aiming to build a large bitcoin reserve to be used as a long-term strategic asset.
Future Company Initiatives
BitBridge also plans to introduce a new lending product called Bitcoin Respect Loan, which will utilize bitcoin as sound collateral. The program aims to provide longer terms and lower interest rates compared to most traditional bitcoin-backed loans. Additionally, the company plans to sponsor a major college football team and launch a podcast hosted by CEO Paul Jaber.
BitBridge Capital Strategies aims to connect the fading traditional financial system with the growing bitcoin economy, actively developing new financial products and initiatives.
