BSTR reaches merger agreement with Cantor Equity Partners I
Online report, BSTR Holdings Inc. (BSTR) announced that it has partnered with Cantor Equity Partners I , Inc. ( Nasdaq: CEPO ) reached a final business combination agreement. Cantor Equity Partners I, Inc. is a special purpose acquisition company initiated by affiliates of Cantor Fitzgerald, a financial services and real estate services holding company. After the transaction is completed, the combined company is expected to trade under the ticker symbol "BSTR." BSTR said it will hold 30,021 bitcoins on its balance sheet when it launches, which will become the fourth largest listed bitcoin reserve pool and will have access to up to US$1.5 billion in post-IPO PIPE financing for private equity investments.
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