The shareholder vote on Bitcoin Standard Treasury's merger with Cantor Equity Partners I has been postponed to July 10, 2026, marking the third delay from the originally scheduled June 26 date. The postponement stems from ongoing private placement financing negotiations, with a PIPE commitment potentially reaching $1.5 billion.
If the merger closes, Bitcoin Standard Treasury will list on Nasdaq holding 30,021 BTC on its balance sheet, including 25,000 BTC from founders such as Adam Back and Blockstream Capital, plus 5,021 BTC from an in-kind Bitcoin PIPE—a first for a major SPAC transaction. The SPAC trust holds approximately $200 million in additional capital from Cantor Equity Partners I's January 2026 IPO.