BitcoinTreasuries.NET reports that the shareholder vote on the merger between Adam Back's Bitcoin Standard Treasury (BSTR) and Cantor Equity Partners I has been further postponed to July 10, 2026. If completed, BSTR could purchase more than 25,500 BTC, significantly expanding its Bitcoin treasury holdings. The delay highlights regulatory or negotiation hurdles, while the potential acquisition adds a bullish factor to the market.
BitcoinTreasuries.NET reports that the shareholder vote for the merger between Bitcoin Standard Treasury (BSTR), founded by Adam Back, and Cantor Equity Partners I has been further postponed to July 10, 2026. The vote had already faced multiple delays, reflecting the complexity of closing the deal.
Critically, if the merger goes through, BSTR could purchase over 25,500 Bitcoin. At current prices, this would position BSTR as one of the largest publicly-listed Bitcoin treasuries, deepening Adam Back's influence in the Bitcoin financialization space.
Market participants view the delay as potentially due to regulatory or stakeholder negotiations, but the planned large-scale BTC purchase continues to provide a bullish narrative. Further updates are expected as the new vote date approaches.
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