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

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…