Bitcoin Treasury Twenty One Capital to Start Trading on NYSE on Dec. 9 With $4 Billion BTC Treasury

Shareholders approved Twenty One Capital’s business combination with Cantor Equity Partners; the deal is expected to close around Dec. 8 and the merged company will trade Class A shares on the NYSE as ticker XXI beginning Dec. 9. The firm will hold roughly 43,500 BTC (about $4 billion), including 5,800 BTC contributed by Tether. The venture is a joint partnership between Tether, Bitfinex, Cantor Fitzgerald and SoftBank; CEP stock jumped on the announcement.
AI Analysis
Positive because the merged company will begin NYSE trading on Dec. 9 and will hold roughly 43,500 BTC (~$4B), including 5,800 BTC from Tether; the deal is expected to close around Dec. 8 and CEP stock jumped after the announcement.