BSTR Holdings to Become Fourth-Largest Bitcoin Treasury with 30,021 BTC in Landmark SPAC Merger

On July 17, BSTR Holdings Inc. disclosed a definitive merger agreement with Cantor Equity Partners I, Inc. (Nasdaq: CEPO), a SPAC sponsored by Cantor Fitzgerald, a prominent financial and real estate services firm. Post-merger, the combined entity will trade under the ticker “BSTR”. The company will bolster its balance sheet with a substantial holding of 30,021 bitcoins, positioning it as the fourth-largest publicly listed bitcoin treasury worldwide. Furthermore, BSTR aims to secure up to $1.5 billion in PIPE financing, marking the largest PIPE transaction linked to a bitcoin-focused SPAC deal to date. The transaction also includes a potential contribution of approximately $200 million from the SPAC, contingent on shareholder redemptions, underscoring significant institutional confidence in the merged entity’s strategic direction.

‘,

🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!

‘,

💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!


];

var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();

Source: https://en.coinotag.com/breakingnews/bstr-holdings-to-become-fourth-largest-bitcoin-treasury-with-30021-btc-in-landmark-spac-merger/