Credit: Photographer: Andrey Rudakov / Bloomberg via Getty Images
Key Takeaways
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Cantor Equity Partners I and BSTR Holdings were supposed to create a public bitcoin treasury with over 30,000 coins on the balance sheet. Now those plans are being reworked to account for “current market conditions.”
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High-flying digital asset treasury companies, known as DATCOs, including Tom Lee’s Bitmine Immersion Technologies, Eightco, and others have seen their share prices fall sharply over the last year.
Digital asset treasury companies are so last summer.
Cantor Equity Partners I (CEPO), a special purpose…
