Twenty One Capital Falls 25% in Trading Debut After Cantor Equity Merger.
ByAinvest
Tuesday, Dec 9, 2025 9:52 am ET1min read
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Twenty One Capital, a Bitcoin treasury company, fell 25% in its trading debut after merging with Cantor Equity Partners. The company holds around $3.9 billion in Bitcoin and plans to work on financial infrastructure for the cryptocurrency. The merger included $486.5 million in senior convertible notes and $365 million in common equity. Twenty One will trade on the NYSE under the symbol XXI.

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