Adam Back’s Bitcoin treasury deal died, but its $15M obligation did not

According to CryptoSlate, the plan for BSTR, led by Adam Back, to become a public Bitcoin treasury company via a merger with Cantor Equity Partners I has fallen through, leaving a $15 million obligation to be paid. The entity has fixed deadlines of September 19 and December 1 for the payments. Despite the termination of the merger, BSTR plans to continue managing its Bitcoin treasury independently. Read the full story at CryptoSlate . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.