BSTR Holdings Inc. (BSTR) announced that it has reached a final business merger 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 financial services and real estate services holding company Cantor Fitzgerald.

After the transaction is completed, the merged company is expected to trade under the stock code "BSTR". BSTR stated that it will hold 30,021 bitcoins on its balance sheet at the time of launch, making it the fourth largest publicly listed bitcoin reserve and eligible for up to $1.5 billion in private equity investment through post-listing PIPE financing.