A blank check deal set to take a bitcoin treasury firm public was postponed—just one example of how digital asset treasury companies have lost their luster.
Investing.com -- A Cantor Fitzgerald-backed blank-check company and Adam Back’s Bitcoin investment firm said Wednesday they scrapped the original terms of their planned merger and will negotiate a revised deal.
BSTR and Cantor Equity Partners will not complete their merger under the original July 2025 agreement, with the shareholder meeting postponed indefinitely.
In a major crypto merger update, Cantor Equity Partners I has once again postponed the shareholder vote on its proposed merger with Bitcoin Standard Treasury (BSTR), the bitcoin treasury company backed by Blockstream CEO Adam Back. The company board has now pushed the meeting to July 10 from the previously scheduled July 2. The vote
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