BitBridge to List on Nasdaq, Launches Bitcoin Respect Loan
BitBridge Capital Strategies has completed its SPAC merger with Green Mountain Merger Inc, paving the way for an OTC listing and subsequent Nasdaq debut. The firm will trade under ticker BTTL on the OTC market from Q3 2025, targeting a full Nasdaq listing later. As a pure-play Bitcoin treasury manager, BitBridge aims to bridge traditional finance and a Bitcoin standard.
Alongside its listing plans, BitBridge launched the Bitcoin Respect Loan. This Bitcoin-backed lending product features penalty rates aligned with the lowest US residential mortgage rates—about 6.6%—offering more favorable terms than typical crypto loans. The company has not disclosed its current Bitcoin holdings.
CEO Paul Jaber said the strategy and branding campaign will support both institutional and retail adoption of Bitcoin-backed financial services. Traders should monitor BTTL OTC trading and assess how the 6.6% penalty rate could influence demand for Bitcoin collateral in lending markets.
Bullish
BitBridge’s SPAC merger and Nasdaq plans add institutional credibility to Bitcoin markets. Similar events, such as Coinbase’s Nasdaq debut in 2021, drove positive price action. The Bitcoin Respect Loan’s 6.6% penalty rate undercuts industry averages, likely increasing Bitcoin use as collateral and boosting demand. In the short term, BTTL’s OTC trading will signal institutional interest. Over the long term, deeper Bitcoin-backed credit markets could enhance liquidity and market stability. These factors point to a bullish impact.