Adam Back's BSTR and Cantor to Revise SPAC Merger Structure

Cantor, Adam Back’s BSTR Seek New Terms for Bitcoin SPAC Merger

A Cantor Fitzgerald-backed blank-check company and Adam Back’s Bitcoin investment company scrapped the original terms of their planned merger and will negotiate a revised deal, as a tougher market for crypto challenges Bitcoin treasury companies.

Adam Back's BSTR and Cantor to revise SPAC merger structure

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

Cantor Equity Partners I, Inc. and Bitcoin Standard Treasury Company Provide Update on Proposed Business Combination

NEW YORK--(BUSINESS WIRE)--Jul 8, 2026-

Bitcoin Treasury Firm BSTR Renegotiates SPAC Merger Terms After Market Slump

BitcoinWorld Bitcoin Treasury Firm BSTR Renegotiates SPAC Merger Terms After Market Slump Bitcoin Standard Treasury (BSTR), the Bitcoin treasury company founded by prominent cypherpunk and Blockstream CEO Adam Back, is renegotiating the terms of its merger with special-purpose acquisition company (SPAC) Cantor Equity Partners (CEPO), according to a report from Bloomberg. The decision comes as a sustained downturn in the cryptocurrency market ha…

BSTR and Cantor Equity Partners call off original SPAC terms, delay BSTR listing again

Adam Back’s Bitcoin Standard Treasury Company (BSTR) and Cantor Equity Partners I (NASDAQ: CEPO) have scrapped the terms of their year-old merger on Wednesday and postponed a shareholder vote indefinitely, restarting negotiations on how the Bitcoin treasury firm goes public. Cantor Equity Partners I (CEPO) has said its BSTR deal will not close on the terms set in the business combination agreement dated July 16, 2025. Both sides are now discussi…

Adam Back’s Bitcoin treasury company seeks new terms with Cantor for SPAC merger

The Bitcoin Standard Treasury Company and Cantor Equity Partners I announced that they were looking into amending the terms of a 2025 merger deal …