Bitcoin Standard Treasury Company scraps SPAC merger with Cantor Equity Partners

The post Adam Back’s Bitcoin Treasury Company Seeks New Terms with Cantor for SPAC Merger appeared on BitcoinEthereumNews.com. The Bitcoin Standard Treasury Company (BSTR), founded by Blockstream CEO Adam Back, wants to change the terms of its merger agreement with Cantor Equity Partners for a public offering. According to a Wednesday announcement, BSTR and Cantor Equity Partners I, the special purpose acquisition company (SPAC) created by financial services giant Cantor Fitzgerald, scrapped the original terms of a 2025 merger agreement and will negotiate a new deal. Although the details were not included in the announcement, both companies said that they intended to negotiate terms that “better reflected market conditions.” Source: BSTR A shareholder meeting scheduled for Friday intended to address the SPAC merger and a public offering was postponed indefinitely. The companies said that they would “provide further details in due course.” BSTR’s initial deal included contributing more

The post BSTR and Cantor Equity Partners call off original SPAC terms, delay BSTR listing again appeared on BitcoinEthereumNews.com. 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 discussing a new structure for the merger and amended terms meant to “better reflect current market conditions.” The reset effectively kills the private placement financing, which was set to raise $1.5 billion, attached to the original merger. A vote that never came to life CEPO had initially planned its shareholder meeting for the 10th of July at 10 a.m. Eastern. But has now canceled the meeting. The company has asked sha

The Bitcoin Standard Treasury Company and Cantor Equity Partners I announced that they were looking into amending the terms of a 2025 merger deal that “better reflected market conditions.”

Adam Backs Bitcoin Standard Treasury Company and Cantor Equity Partners are revising their SPAC merger after abandoning the original deal terms. The post Cantor and Adam Back reset merger plan for Bitcoin treasury company appeared first on Crypto Briefing.

The post Adam Back’s BSTR and Cantor to revise SPAC merger structure appeared on BitcoinEthereumNews.com. Adam Back’s Bitcoin Standard Treasury Company (BSTR), the bitcoin treasury company backed by the Blockstream CEO and bitcoin pioneer, is renegotiating the terms of its planned public listing through a merger with Cantor Equity Partners I (CEPO), with the parties abandoning the original structure agreed last year in an effort to better reflect current market conditions. The companies said Wednesday they will not complete the transaction under the terms of the July 2025 business combination agreement. Instead, they are discussing a revised structure, with further details expected in future filings with the U.S. Securities and Exchange Commission. As part of the changes, the previously announced private placement financing tied to the merger will no longer be required to close. CEPO also indefinitely postponed its shareholder meeting, which had been scheduled for July 10. Any redempti

The renegotiation highlights the challenges of aligning traditional finance with volatile crypto assets, impacting future SPAC-crypto ventures. The post Cantor Fitzgerald-backed SPAC and Adam Back’s Bitcoin firm scrap original merger terms, start fresh negotiations appeared first on Crypto Briefing.

The post BlackRock-Backed Securitize Tumbles 40% After SPAC Debut Despite Tokenization Boom appeared on BitcoinEthereumNews.com. The tokenization narrative suffered a sharp reality check this week. BlackRock-backed Securitize cratered 40% following its SPAC listing, according to the original report. The slide extends an uncomfortable pattern for digital asset companies testing public markets, even as the underlying technology they build on attracts record capital and institutional interest. Jeff Dorman of Arca summed up the mood simply: the decline fits a pattern of recently-public digital asset companies sliding after debut. It’s a theme that refuses to loosen its grip. From exchange operators to custody providers, the transition from private funding rounds to public stock tickers has often been brutal. Post-SPAC mechanics—redemption spikes, thin float, and skeptical equity analysts—tend to amplify the pain, leaving little room for the longer-term story to breathe. Securitize’s stumbl

Securitize's stock drop highlights the volatility of SPACs and suggests tokenization's potential hinges on broader institutional adoption. The post Securitize slides 40% after SPAC debut despite tokenization boom appeared first on Crypto Briefing.