Cantor-backed SPAC CEPO and Adam Back's Bitcoin Standard Treasury Company scrapped the original terms of their planned merger and will negotiate a revised structure designed to better reflect current market conditions.

BSTR and Cantor Equity Partners will not complete their merger under the original July 2025 agreement, with the shareholder postponed indefinitely.

Cantor Equity Partners and Adam Back's Bitcoin Standard Treasury Company scrap their original $4 billion merger terms and begin fresh negotiations.