BitBridge transforms into Bitcoin reserve company and will launch a Bitcoin-based loan program

According to Foresight News, BitBridge Capital Strategies will start trading under the stock code BTTL at the end of the third quarter and plans to list on Nasdaq later, according to The Block. Unlike other Bitcoin finance companies, BitBridge's only focus is to expand the Bitcoin economy, build strong Bitcoin reserves, and use Bitcoin as a strategic asset to drive long-term shareholder value. BitBridge also announced plans to launch Bitcoin Respect Loan, a loan product designed to “reshape the way the financial system treats Bitcoin collateral.” Based on its perspective on Bitcoin as a long-term, robust monetary asset, the company said it designed a loan program with low interest rates, multi-year and potentially creating sustainable annual income for BitBridge.
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