BSTR Holdings announced that it has raised $65 million and will launch a Bitcoin treasury after the merger listing.

On August 8, BSTR Holdings Inc. (BSTR) announced that it has raised an additional $65 million, which is approximately equivalent to 555 Bitcoins at the current Bitcoin price. This funding will be available after the business combination between BSTR and CEPO is completed. On July 17, BSTR Holdings Inc. announced that it has reached 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 be traded under the stock code "BSTR". BSTR will launch its balance sheet with 30,021 Bitcoins and is expected 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 is the largest PIPE financing announced to date in connection with SPAC mergers related to Bitcoin treasuries. Additionally, the SPAC will contribute approximately $200 million depending on shareholder redemption.

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