Adam Back's BSTR scraps its Cantor SPAC merger after failing to raise $1.5B as Bitcoin's 50% drop kills institutional appetite.

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.

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…

Cantor Equity Partners and Adam Back's BSTR Holdings scrap original merger terms for their $3B Bitcoin treasury SPAC deal, citing unresolved PIPE financing.

Neither company provided details about the reason for the change in agreement, but said that a Friday shareholder meeting about the SPAC merger had been postponed indefinitely.

Adam Back's BSTR scraps its Cantor SPAC merger after failing to raise $1.5B as Bitcoin's 50% drop kills institutional appetite.

Bitcoin Standard Treasury Company cancels its SPAC merger with Cantor Equity Partners, scrapping a deal that included 30,021 BTC and up to $1.5B in PIPE

Bitcoin Standard Treasury Company scraps its $1.5B PIPE raise and SPAC merger with Cantor Equity Partners after Bitcoin's price decline erodes the deal's