XXI Drops 25% After SPAC Merger

Crypto firm Twenty One stock plunges 24% post Cantor Equity merger —why the share price is falling

Shares of Twenty One Capital dropped 24% in its trading debut after merging with Cantor Equity Partners. The combined company is now publicly listed as 'XXI' on NYSE, facing challenges amid a struggling crypto market and declining Bitcoin prices.

XXI Drops 25% After SPAC Merger

The company is led by Strike CEO Jack Mallers and began trading under the XXI ticker today following its SPAC merger with Cantor Equity Partners.

Bitcoin Firm Twenty One Falls 25% After Cantor Equity Merger

Twenty One Capital Inc. fell 25% in its trading debut Tuesday, after it merged with special-purpose acquisition company Cantor Equity Partners Inc. to become the latest public crypto company.

Jack Mallers’ XXI Debuts Backed by Tether, SoftBank

Twenty One Capital debuted on the NYSE as XXI after merging with Cantor Equity Partners, which opened below its previous share price.

Jack Mallers’ Twenty One Capital Vows to Buy ‘As Much Bitcoin as Possible’ - Coin Surges

Bitcoin Magazine Jack Mallers’ Twenty One Capital Vows to Buy ‘As Much Bitcoin as Possible’ Twenty One Capital, the Bitcoin-native company co-founded by Jack Mallers, officially began trading on the New York Stock Exchange today under the ticker XXI, following a business combination with Cantor Equity Partners. The firm debuted with a BTC treasury of 43,514 BTC, valued at roughly $3.9 billion, immediately making it the world’s third-largest publ…