PANews reported on August 6th that, according to The Block, BitBridge Capital Strategies will begin trading under the ticker symbol "BTTL" at the end of the third quarter, with plans to list on the Nasdaq thereafter. This move follows the company's merger with Green Mountain Merger Inc. Unlike other Bitcoin reserve companies, BitBridge Capital Strategies has no traditional operations, focusing instead on expanding the Bitcoin economy, building reserves, and using Bitcoin as a strategic asset to create long-term shareholder value. The company also plans to launch a Bitcoin loan product. Furthermore, to expand its core Bitcoin business, it intends to sponsor a prominent college football team and launch an educational podcast hosted by CEO and Chairman Paul Jaber.

Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more

