TechFlow news, July 17 — According to Businesswire, BSTR Holdings Inc. (BSTR) announced 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 (SPAC) sponsored by an affiliate of Cantor Fitzgerald, a financial services and real estate services holding company.
Upon completion of the transaction, the combined company is expected to trade under the ticker symbol "BSTR." BSTR stated that upon launch, it will have 30,021 bitcoins on its balance sheet, making it the fourth-largest publicly listed bitcoin treasury, and will have access to up to $1.5 billion in private investment in public equity (PIPE) financing post-listing.
