Subsequent Events	6 Months Ended
Jun. 30, 2026
Subsequent Events [Abstract]
Subsequent Events	Note 9—Subsequent Events The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the unaudited condensed consolidated financial statements were issued and determined that, other than as described below, there have been no events that have occurred that would require adjustments to the disclosures in the unaudited condensed consolidated financial statements. On July 8, 2026, the Company announced that (i) the Company and Pubco were discussing a potential revised structure and amended terms for the previously announced BSTR Business Combination and would not complete the BSTR Business Combination on the terms initially set forth in the Business Combination Agreement, (ii) that the Meeting was indefinitely postponed, (iii) that any Public Shares submitted for redemption would be returned to shareholders and not be redeemed and (iv) the Private Placements would not be required to be consummated. On July 16, 2026, each of the July Convertible Notes Subscription Agreements, the August Convertible Notes Subscription Agreements, the Preferred Stock Subscription Agreements, the CEPO Cash Equity PIPE Subscription Agreements, the CEPO BTC Equity PIPE Subscription Agreements and the Newco Subscription Agreements terminated automatically in accordance with their terms.

Subsequent Events

6 Months Ended

Jun. 30, 2026

Note 9—Subsequent Events

The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the unaudited condensed consolidated financial statements were issued and determined that, other than as described below, there have been no events that have occurred that would require adjustments to the disclosures in the unaudited condensed consolidated financial statements.

On July 8, 2026, the Company announced that (i) the Company and Pubco were discussing a potential revised structure and amended terms for the previously announced BSTR Business Combination and would not complete the BSTR Business Combination on the terms initially set forth in the Business Combination Agreement, (ii) that the Meeting was indefinitely postponed, (iii) that any Public Shares submitted for redemption would be returned to shareholders and not be redeemed and (iv) the Private Placements would not be required to be consummated.

On July 16, 2026, each of the July Convertible Notes Subscription Agreements, the August Convertible Notes Subscription Agreements, the Preferred Stock Subscription Agreements, the CEPO Cash Equity PIPE Subscription Agreements, the CEPO BTC Equity PIPE Subscription Agreements and the Newco Subscription Agreements terminated automatically in accordance with their terms.