Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin Standard Treasury cancels SPAC merger with Cantor Equity due to market shifts, exploring new terms.

Market News
08 Jul 2026
Crypto Briefing
View Source
Bearish
Bitcoin Standard Treasury cancels SPAC merger with Cantor Equity due to market shifts, exploring new terms.

Bitcoin Standard Treasury Company has called off its planned SPAC merger with Cantor Equity Partners I, citing changing market conditions as the main reason. The original deal, announced in July 2025, would have created a major bitcoin treasury vehicle with over 30,000 BTC valued at $3 billion. The shareholder vote for Cantor Equity Partners I was postponed indefinitely, and private placements tied to the deal were halted. Both parties remain in talks to negotiate a new structure and terms, but currently, no deal is on the table, leaving investors cautious as shares trade near trust value.

More News

Costco reports strong Q4 sales growth ahead of full earnings release on Sept 24

Costco reports strong Q4 sales growth ahead of full earnings release on Sept 24

Costco Wholesale announced $93.9 billion in net sales for its fiscal Q4, up 11.3% from last year, with comparable sales rising 9.4%. The full earnings report on September 24 will reveal membership fees, total revenue, expenses, and profit details. An...

Company Fundamentals
Neutral
54 minutes ago
Jefferies maintains Buy rating on Life Time amid $6.5M insider stock sales by executive.

Jefferies maintains Buy rating on Life Time amid $6.5M insider stock sales by executive.

Jefferies reaffirmed its Buy rating on Life Time Group Holdings (LTH), citing a positive earnings outlook supported by a Zacks Rank of #2. The stock trades around $38.85 with a market cap near $8.68 billion. Despite this optimism, Executive Vice Pres...

Analyst Insights
Neutral
1 hour ago
GE Aerospace stock could rise 35% as analysts highlight strong backlog and new engine orders.

GE Aerospace stock could rise 35% as analysts highlight strong backlog and new engine orders.

Jefferies analysts set a new price target of $435 for General Electric Aerospace, implying a 35% upside from its current price of around $321. GE Aerospace's strong position is supported by a $170 billion commercial services backlog and 80,000 aircra...

Analyst Insights
Bullish
3 hours ago
NWPX Infrastructure appoints John Schillie as VP and GM to lead Texas water solutions growth

NWPX Infrastructure appoints John Schillie as VP and GM to lead Texas water solutions growth

NWPX Infrastructure has named John Schillie as Vice President and General Manager of NWPX Park, overseeing three Texas facilities focused on engineered water and environmental solutions. Schillie brings nearly 30 years of leadership experience in inf...

Market News
Bullish
4 hours ago
Tron nears 100M weekly transactions, handling up to $190B in stablecoin transfers with low fees.

Tron nears 100M weekly transactions, handling up to $190B in stablecoin transfers with low fees.

Tron is approaching 100 million weekly transactions, processing between $150 billion and $190 billion in stablecoin transfers, primarily USDT. The network's average transaction fee has dropped to about seven cents, making it a cost-effective choice f...

Protocol Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App