Vote on Cantor Fitzgerald-linked deal with Adam Back-led treasury firm delayed

Cantor Fitzgerald-affiliated Cantor Equity Partners I Inc. delayed its shareholder vote on a merger with Adam Back-backed digital asset treasury company BSTR Holdings Inc. to July 2 from June 26. The statement tied the postponement to a previously disclosed private placement. The deal has attracted attention as crypto price declines, weaker public-market valuations for digital asset treasury companies and dilution concerns weigh on investor sentiment toward listed corporate vehicles designed to provide exposure to digital assets.

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