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Adam Back's BSTR Scraps SPAC Merger After Failing to Secure $1.5B in Financing

BenzingaJul 8, 2026, 8:31 PMParshwa Turakhiya

Adam Back's BSTR scraps its Cantor SPAC merger after failing to raise $1.5B as Bitcoin's 50% drop kills institutional appetite.

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Source
benzinga
Observed
Jul 8, 2026, 8:31 PM
Checked
Jul 8, 2026, 8:35 PM
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Captured once, then retained as an archive reference
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fresh

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