Bitcoin Treasury Company BSTR Terminates Merger Plan with Cantor Equity Partners

BlockBeats News, August 21st, Bitcoin treasury company BSTR Holdings announced that it has reached an agreement with Cantor Equity Partners to terminate the business merger agreement signed by both parties on July 16, 2025. The termination is due to the continued valuation pressure on Bitcoin and publicly listed Bitcoin treasury companies in the current market environment, resulting in a capital market misalignment that restricts the amplification effect of convertible bonds, perpetual preferred stocks, and other financing tools in Bitcoin treasury strategies.

BSTR stated that once the market environment stabilizes, it will continue to advance its institutional-grade Bitcoin asset management business. (Businesswire)