This market resolves to YES if, between January 1, 2026 and December 31, 2026 (11:59:59 PM ET), BSTR Holdings (Bitcoin Standard Treasury Company), led by Adam Back, successfully completes its announced business combination with Cantor Equity Partners I (NASDAQ: CEPO), or an equivalent successor transaction, resulting in BSTR becoming a publicly traded company on a recognized U.S. stock exchange.

A YES resolution requires that the de-SPAC (or successor transaction) has legally closed and the combined company has begun public trading under its permanent ticker (or another official successor ticker) by the deadline. Temporary SPAC trading under CEPO prior to closing does not qualify.

This market resolves to NO if:

• The transaction is terminated or abandoned.

• The merger has not legally closed by the deadline.

• The company remains private as of the deadline.

• The transaction is delayed into 2027 or later, even if approval has been obtained.

Primary resolution sources include SEC filings (8-K, S-4/F-4, Form 425, or other official filings), Nasdaq/NYSE listing notices, and official company press releases. SEC filings take precedence in the event of conflicting reports