# EDGAR Filing Document

**Accession Number:** 0002083583
**File Stem:** 0001213900-26-066359
**Filing Date:** 2026-6
**Character Count:** 22235
**Document Hash:** 11a9cd15cc0b1e0864c90895b6f6ae7d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-066359.hdr.sgml**: 20260608

**ACCESSION NUMBER**: 0001213900-26-066359

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260602

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260608

**DATE AS OF CHANGE**: 20260608

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BSTR Holdings, Inc.
- **CENTRAL INDEX KEY:** 0002083583
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-295863
- **FILM NUMBER:** 261073589

**BUSINESS ADDRESS:**
- **STREET 1:** THE CORPORATION SERVICES COMPANY
- **STREET 2:** 251 LITTLE FALLS DRIVE
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19808
- **BUSINESS PHONE:** (212) 938-5000

**MAIL ADDRESS:**
- **STREET 1:** THE CORPORATION SERVICES COMPANY
- **STREET 2:** 251 LITTLE FALLS DRIVE
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19808
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BSTR Newco, LLC
- **CENTRAL INDEX KEY:** 0002083564
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-295863-01
- **FILM NUMBER:** 261073588

**BUSINESS ADDRESS:**
- **STREET 1:** 251 LITTLE FALLS DRIVE
- **STREET 2:** C/O CORPORATION SERVICE COMPANY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19808
- **BUSINESS PHONE:** (212) 938-5000

**MAIL ADDRESS:**
- **STREET 1:** 251 LITTLE FALLS DRIVE
- **STREET 2:** C/O CORPORATION SERVICE COMPANY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19808

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**PURSUANT TO SECTION 13 OR 15(d)**

**OF THE SECURITIES EXCHANGE ACT OF 1934**

**Date of report (Date of earliest event reported): June 8, 2026 (June 2, 2026)**

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| | | |
|:---|:---|:---|
| Commission File Number | Registrant; State of Incorporation<br> Address; and Telephone Number | I.R.S. Employer <br> Identification No. |
| **333-295863** | **BSTR Holdings, Inc.** | **39-4168967** |
|  | 901 N Market St, Suite 100 Wilmington, DE 19801 |  |
|  | Delaware |  |
|  | Telephone: 302-391-6692 |  |

---

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| | | |
|:---|:---|:---|
| **333-295863-01** | **BSTR Newco, LLC** | **39-4210404** |
|  | 901 N Market St, Suite 100 Wilmington, DE 19801 |  |
|  | Delaware |  |
|  | Telephone: 302-391-6692 |  |

---

**Not Applicable**

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☒ Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 1.01 Entry into a Material Definitive Agreement.**

 ****

***Loan Agreement and Amendment No. 1 to the Loan Agreement***

On March 15, 2026, BSTR Newco, LLC, a Delaware limited liability company ("BSTR"), as borrower, entered into a loan agreement (the "Loan Agreement") with BSTR Holdings (Cayman), a Cayman Island exempted company (the "Lender"), as lender, pursuant to which the Lender agreed to lend BSTR a principal sum of $2,500,000. The proceeds of the loan are intended to be used by BSTR to pay (i) BSTR's operating costs, fees and expenses (including the remuneration of employees) from January 1, 2026, (ii) certain transaction expenses relating to the pending business combination pursuant to the business combination agreement, dated as of July 16, 2025, by and among Cantor Equity Partners I, Inc., a Cayman Islands exempted company ("CEPO"), BSTR Holdings, Inc., a Delaware corporation ("Pubco"), BSTR, the Lender and the other parties named therein (as amended, restated, or otherwise modified from time to time, the "Business Combination Agreement") and (iii) such other expenses as contemplated, permitted or required by the terms of the Business Combination Agreement, or as required in connection with the transactions contemplated under the Business Combination Agreement or by applicable law. The outstanding principal balance bears interest at a rate per annum equal to (a) the 90-day average Secured Overnight Financing Rate (SOFR), as published by the Federal Reserve Bank of New York for the month in which the loan is made, plus (b) 3.90%. Interest is payable annually beginning on the first anniversary of the Loan Agreement. The unpaid balance of the principal sum and all accrued and unpaid interest thereon is due and payable upon the earlier to occur of (i) the consummation of the transactions contemplated by the Business Combination Agreement, as may be amended from time to time, (ii) the dissolution of BSTR following a dissolution event under the Newco LLC Agreement, dated as of July 14, 2025, and (iii) the date that is two years from when the Loan Agreement was signed. BSTR may prepay the principal sum, in whole or in part, at any time without premium or penalty. As of March 31, 2026, the outstanding principal balance under the Loan Agreement was $2,500,000, and accrued interest payable was $8,306.

On June 2, 2026, BSTR and the Lender entered into Amendment No. 1 to the Loan Agreement (the "Amendment"), pursuant to which the principal sum under the Loan Agreement was increased by $1,100,000, from $2,500,000 to $3,600,000. Interest on the additional principal amount accrues at the same interest rate as the original Loan Agreement from the date of the Amendment and is payable in accordance with the terms of the Loan Agreement. Except as expressly amended by the Amendment, the terms of the Loan Agreement remain in full force and effect.

The foregoing description of the Loan Agreement and the Amendment is qualified in its entirety by reference to the full text of each agreement, which are attached hereto as Exhibits 10.1 and 10.2, respectively, and incorporated herein by reference.

**Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.**

The information set forth above in item 1.01 is incorporated by reference into this Item 2.03.

***Additional Information and Where to Find It***

 ****

Pubco and Newco filed a registration statement on Form S-4 (Registration No. 333-295863) (as amended, the "Registration Statement") with the Securities and Exchange Commission (the "SEC"), which was declared effective by the SEC on June 5, 2026, in connection with the proposed business combination (the "Business Combination") pursuant to the Business Combination Agreement. The Business Combination, together with the transactions contemplated under the Business Combination Agreement and the private placements entered into by Pubco and BSTR with certain private placement investors (the "Private Placement Investments"), are referred to herein as the "Transactions." The Registration Statement includes the definitive proxy statement/prospectus (the "Proxy Statement/Prospectus"). The definitive Proxy Statement/Prospectus has been mailed to shareholders of CEPO as of the record date established for voting on the Business Combination and other matters described therein, such record date being June 5, 2026. This report on Form 8-K (this "Report") does not contain all of the information that should be considered concerning the Transactions and is not intended to form the basis of any investment decision or any other decision in respect of the Transactions. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND OTHER INTERESTED PARTIES ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND ALL OTHER RELEVANT DOCUMENTS FILED OR THAT WILL BE FILED WITH THE SEC IN CONNECTION WITH THE SOLICITATION OF PROXIES FOR THE EXTRAORDINARY GENERAL MEETING TO BE HELD TO APPROVE THE TRANSACTIONS AND OTHER MATTERS AS DESCRIBED IN THE PROXY STATEMENT/PROSPECTUS BECAUSE THESE DOCUMENTS CONTAIN IMPORTANT INFORMATION ABOUT PUBCO, BSTR, CEPO AND THE TRANSACTIONS. Investors and security holders may obtain copies of the Registration Statement and the Proxy Statement/Prospectus and all other documents filed or that will be filed with the SEC by Pubco, BSTR and CEPO, without charge, at the SEC's website at www.sec.gov or by directing a request to: Cantor Equity Partners I, Inc., 110 East 59th Street, New York, NY 10022; e-mail: CantorEquityPartners@cantor.com or upon written request to BSTR Holdings, Inc., 901 N Market St, Suite 100, Wilmington, DE 19801; e-mail: bstr@blockstreamcapitalpartners.com. ****

 ****

NEITHER THE SEC NOR ANY STATE SECURITIES REGULATORY AGENCY HAS APPROVED OR DISAPPROVED THE TRANSACTIONS DESCRIBED HEREIN, PASSED UPON THE MERITS OR FAIRNESS OF THE BUSINESS COMBINATION OR ANY RELATED PROPOSED TRANSACTIONS OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THIS REPORT. ANY REPRESENTATION TO THE CONTRARY CONSTITUTES A CRIMINAL OFFENSE. ****

 ****

The convertible notes and shares of preferred stock to be issued by Pubco, the Class A ordinary shares to be issued by CEPO and the Class A interests to be issued by BSTR, in each case, pursuant to the Private Placement Investments, as well as the non-voting units of BSTR to be issued in exchange for the Class A interests of BSTR at the Closing of the Business Combination, pursuant to the Business Combination Agreement, have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act. ****

 ****

***Participants in the Solicitation***

Pubco, BSTR, CEPO and their respective directors and executive officers may be deemed under SEC rules to be participants in the solicitation of proxies in connection with the Business Combination. A list of the names of such directors and executive officers, and information regarding their interests in the Business Combination and their ownership of CEPO's securities are, or will be, contained in CEPO's filings with the SEC, including CEPO's Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q, and in the Registration Statement. Additional information regarding the interests of the persons who may, under SEC rules, be deemed participants in the solicitation of proxies in connection with the Transactions, including the names and interests of Pubco's and BSTR's directors and executive officers, is set forth in the Proxy Statement/Prospectus. Investors and security holders may obtain free copies of these documents as described in the preceding paragraph. ****

 ****

 **

***No Offer or Solicitation***

 **

The information contained in this Report is for informational purposes only and is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the Transactions and shall not constitute an offer to sell or exchange, or a solicitation of an offer to buy or exchange the securities of Pubco, BSTR or CEPO, or any commodity or instrument or related derivative, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, sale or exchange would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act or an exemption therefrom. Investors should consult with their counsel as to the applicable requirements for a purchaser to avail itself of any exemption under the Securities Act. ****

 ****

***Forward-Looking Statements***

This Report contains certain forward-looking statements within the meaning of the U.S. federal securities laws with respect to the parties and the Transactions. Forward-looking statements include, but are not limited to, statements regarding CEPO, Pubco, BSTR and their respective management teams' expectations, hopes, beliefs, intentions, plans, prospects, financial results, financial conditions, strategies and other statements relating to CEPO, Pubco, BSTR and the Transactions and statements regarding the anticipated benefits and timing of the completion of the Transactions, the assets and funds held or to be received by BSTR or Pubco, Pubco's plans and intended use of proceeds and of the sums under the Loan Agreement, future financial condition and performance and any expectations, intentions, strategies, assumptions or beliefs about future events, results of operations or performance or that do not solely relate to historical or current facts.

Forward-looking statements are based on information available as of the date of this Report, and current expectations, forecasts and assumptions and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing the views of Pubco or BSTR as of any subsequent date. You should carefully consider the risks and uncertainties described in the "Risk Factors" section of the definitive Proxy Statement/Prospectus, filed by Pubco with the SEC on June 5, 2026, and other documents filed by Pubco, BSTR and CEPO from time to time with the SEC. These filings identify and address important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. There may be additional risks that none of Pubco, BSTR and CEPO presently know or that Pubco, BSTR or CEPO currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements.

Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and none of Pubco, BSTR and CEPO assume any obligation or intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. None of Pubco, BSTR or CEPO give any assurance that any of Pubco, BSTR or CEPO will achieve its expectations. The inclusion of any statement in this Report does not constitute an admission by Pubco, BSTR or any other person that the events or circumstances described in such statement are material.

 **Item 9.01 Financial Statements and Exhibits.** 

(d) Exhibits

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| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 10.1 | [Loan Agreement, dated March 15, 2026, by and between BSTR Newco, LLC and BSTR Holdings (Cayman) (incorporated by reference to Exhibit 10.20 to Amendment No. 1 to the Company's Registration Statement on Form S-4 filed with the SEC on May 29, 2026).](https://www.sec.gov/Archives/edgar/data/2083564/000121390026056059/ea025549607ex10-18.htm) |
| 10.2 | [Amendment No. 1 to the Loan Agreement, dated June 2, 2026, by and between BSTR Newco, LLC and BSTR Holdings (Cayman).](ea029397401ex10-2.htm) |

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**SIGNATURE** 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | | |
|:---|:---|:---|:---|
|  | **BSTR HOLDINGS, INC.** | **BSTR HOLDINGS, INC.** | **BSTR HOLDINGS, INC.** |
| Date: June 8, 2026 | By: | /s/ *Adam Back* | /s/ *Adam Back* |
|  |  | Name: | Adam Back |
|  |  | Title: | President and Secretary |

---

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| | | | |
|:---|:---|:---|:---|
|  | **BSTR NEWCO LLC** | **BSTR NEWCO LLC** | **BSTR NEWCO LLC** |
| Date: June 8, 2026 | By: | /s/ *Adam Back* | /s/ *Adam Back* |
|  |  | Name: | Adam Back |
|  |  | Title: | Chief Executive Officer |

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## Exhibit 10.2

**Exhibit 10.2**

**AMENDMENT NO. 1 TO THE LOAN AGREEMENT**

THIS AMENDMENT NO. 1 TO THE LOAN AGREEMENT, dated as of June__, 2026 (this "**Amendment Agreement**"), amends the loan agreement, dated as of March 15, 2026 (the "**Loan Agreement**"), by and between BSTR Newco, LLC, a Delaware limited liability company ("<u>Payor</u>") and BSTR Holdings (Cayman), a Cayman Islands limited liability company ("<u>Payee</u>"). Capitalized terms used but not defined herein shall have the meaning ascribed to such terms in the Loan Agreement.

**RECITALS**

**WHEREAS,** the Payor and the Payee entered into the Loan Agreement, pursuant to which the Payor promised to pay to the Payee a Principal Sum of $2,500,000, together with interest and other fees, expenses and charges as provided therein; and

**WHEREAS,** the Payor and the Payee desire to amend the Loan Agreement to increase the Principal Sum by an additional $1,100,000, from $2,500,000 to $3,600,000.

**NOW, THEREFORE,** in consideration of the mutual promises and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, intending to be legally bound, the Payor and the Payee hereby agree as follows:

**AGREEMENT**

1. <u>Increase of Principal Sum</u>. For value received, the Principal Sum under the Loan Agreement is hereby
increased by **$1,100,000** (the "**Additional Principal Amount** "), from **$2,500,000** to **$3,600,000**. Subject
to paragraph 2 below, any and all references to the "Principal Sum" in the Loan Agreement shall be deemed to include the Additional
Principal Amount.

2. <u>Interest on the Additional Principal Amount</u>. Notwithstanding anything to the contrary contained
in the Loan Agreement, interest on the Additional Principal Amount shall accrue at the Interest Rate as determined pursuant to Section
3 of the Loan Agreement; <u>provided</u>, <u>however</u>, <u>that</u> such interest shall commence accruing solely from the date of this
Amendment Agreement. Such interest shall be payable in accordance with Section 4 of the Loan Agreement and, if not paid earlier, shall
be paid annually on each anniversary of the Loan Agreement. For the avoidance of doubt, the first such annual payment relating to the
Additional Principal Amount shall fall due on the first anniversary of the Loan Agreement and shall comprise the pro rata portion of the
annual interest attributable to the period from the date of this Amendment Agreement and the first anniversary of the Loan Agreement.

3. <u>Waivers</u>. The Payor waives notice of the acceptance of this Amendment Agreement and presentment
and demand for payment, notice of non-payment, notice of dishonor, protest, notice of protest, non-performance, non-observance and any
other notice or demand to which the Payor might otherwise be entitled. **THE PAYOR AND PAYEE WAIVE TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW ANY RIGHT THE PAYOR OR PAYEE MAY HAVE TO A TRIAL BY JURY OF ANY AND ALL ISSUES ARISING IN ANY ACTION OR PROCEEDING BETWEEN THE PAYOR AND PAYEE, UPON, UNDER OR IN CONNECTION WITH THIS AMENDMENT AGREEMENT OR ANY OF ITS PROVISIONS, DIRECTLY, OR INDIRECTLY, OR ANY AND ALL NEGOTIATIONS IN CONNECTION THEREWITH.** 

4. <u>Other Provisions</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The terms of Sections 8 (*Costs of Enforcement*), 10 (*Notices*), 11 (*Entire Agreement; Modification*), 12 (*No Waiver*), 13 (*Captions*), 14 (*Severability*), 15 (*Governing Law; Venue*), 16 (*Successors and Assigns*) and
17 (*No Setoff or Counterclaim*) of the Loan Agreement shall apply to this Amendment Agreement as if set out herein, *mutatis mutandis*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) From and including the date of this Amendment Agreement, the Loan Agreement shall be read and construed as amended by this Amendment
Agreement. Except as expressly amended hereby, the terms of the Loan Agreement shall remain in full force and effect.

*[Remainder of page intentionally left blank]*

 

 

**IN WITNESS WHEREOF,** the parties hereto have duly executed this Amendment Agreement as of the date first above written.

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| | |
|:---|:---|
| **BSTR HOLDINGS (CAYMAN)** | **BSTR HOLDINGS (CAYMAN)** |
| By: | /s/ Paul Murphy |
| Name: | Paul Murphy |
| Title: | Director |

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[Signature Page to Amendment No. 1 to Business Combination Agreement]

**IN WITNESS WHEREOF,** the parties hereto have duly executed this Amendment Agreement as of the date first above written.

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| | |
|:---|:---|
| **BSTR NEWCO, LLC** | **BSTR NEWCO, LLC** |
| By: | /s/ Bob Stefanowski |
| Name: | Bob Stefanowski |
| Title: | Chief Financial Officer |

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[Signature Page to Amendment No. 1 to Business Combination Agreement]