Woofun AI reports that BSTR, the Bitcoin treasury company led by Adam Back, and Cantor Equity Partners I (CEPO) announced the termination of their original merger agreement signed in July 2025. The parties will renegotiate new terms to better reflect current market conditions, removing the private investment in public equity (PIPE) arrangement as a prerequisite for closing. The shareholder meeting scheduled for July 10 has been postponed indefinitely, and all previously submitted redemption requests will be cancelled with shares returned to investors. BSTR had initially planned to go public through this SPAC merger, which would have placed over 30,000 Bitcoin on its balance sheet, alongside raising up to $1.5 billion via PIPE to increase holdings.