Cantor SPAC and Adam Back’s Bitcoin Treasury Renegotiate Merger Terms, Vow New Structure

Cantor SPAC and Adam Back’s Bitcoin Treasury have agreed to renegotiate their merger terms, abandoning the original July 2025 agreement. The revised structure aims to align with current market conditions, with a postponed shareholder meeting and returned public shares. The original deal aimed to take Bitcoin Standard Treasury public with 30,021 bitcoin, valued over $3 billion, but faces challenges due to a slump in the bitcoin treasury model.