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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.

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.

Crypto Bloomberg Jul 8, 2026

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