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CANTOR FITZGERALD AND $BSTR HOLDINGS SCRAP MERGER DEAL 💥
The SPAC backed by Cantor Fitzgerald and Adam Back's Bitcoin reserve company BSTR have officially walked away from their original merger. Both sides are heading back to the table to renegotiate terms that better fit the current market conditions.
This is a clear signal that even institutional-backed deals are feeling the heat from the crypto downturn. No financial details on the new terms yet, but this kind of reset often leads to a more realistic valuation. Are you holding $BSTR or waiting for the new terms?
Not financial advice. Always manage your risk.
#BSTR #SPAC #CryptoNews #Bitcoin #Merger
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The SPAC backed by Cantor Fitzgerald and Adam Back's Bitcoin reserve company BSTR have officially walked away from their original merger. Both sides are heading back to the table to renegotiate terms that better fit the current market conditions.
This is a clear signal that even institutional-backed deals are feeling the heat from the crypto downturn. No financial details on the new terms yet, but this kind of reset often leads to a more realistic valuation. Are you holding $BSTR or waiting for the new terms?
Not financial advice. Always manage your risk.
#BSTR #SPAC #CryptoNews #Bitcoin #Merger
⚡
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