BSTR merged with CEPO, acquiring approximately 30,000 BTC on its balance sheet.

On July 17, BSTR Holdings Inc. ("BSTR") today announced that it has entered into a definitive business combination agreement with Cantor Equity Partners I, Inc. (NASDAQ: CEPO). CEPO is a special purpose acquisition company (SPAC) initiated by affiliates of Cantor Fitzgerald, a global leader in financial and real estate services. Upon completion of the merger, the combined company will trade under the ticker symbol "BSTR". BSTR will launch its balance sheet with 30,021 Bitcoins, aiming to become the fourth largest publicly listed Bitcoin treasury in the world. It also plans to secure up to $1.5 billion in PIPE (private investment in public equity) financing, which represents the largest PIPE financing announced to date in connection with a SPAC merger related to Bitcoin treasury. Additionally, the SPAC is expected to contribute approximately $200 million, depending on shareholder redemptions.