BSTR Holdings has reached a merger agreement with Cantor Equity Partners I, and will trade under BSTR after the merger
ChainCatcher news, according to Businesswire, BSTR Holdings Inc. (BSTR) announced that it has entered into a definitive business combination agreement with Cantor Equity Partners I, Inc. (Nasdaq: CEPO). Cantor Equity Partners I, Inc. is a special purpose acquisition company initiated by an affiliate of the financial services and real estate services holding company Cantor Fitzgerald.Upon completion of the transaction, the combined company is expected to trade under the ticker symbol "BSTR." BSTR stated that upon launch, it will hold 30,021 bitcoins on its balance sheet, which will become the fourth largest publicly listed bitcoin reserve, and it will have access to up to $1.5 billion in private equity investment post-IPO PIPE financing.