Twenty One Capital To Become Largest NYSE-Listed Bitcoin Treasury Company—Second Only to Strategy Overall

Core Insights - The New York Stock Exchange will soon welcome its largest Bitcoin treasury firm due to the merger between Twenty One Capital and Cantor Equity Partners [1][6] - The combined entity will become the second-largest digital asset treasury firm and the third-largest public Bitcoin holder globally [1][6] Company Overview - Twenty One Capital was established earlier this year with significant investments from Tether, Bitfinex, SoftBank, and Cantor Fitzgerald, totaling around 42,000 BTC [2] - Pre-merger, Cantor Equity Partners raised an additional $585 million through PIPE financing, while Twenty One Capital sold convertible notes worth $100 million [2] Financial Position - As of December 3, the firm's total Bitcoin holdings reached 43,514 BTC, valued at approximately $4 billion [3] - The firm aims to differentiate itself in a competitive market by focusing solely on Bitcoin accumulation [4] Market Position - Shares of Twenty One Capital are expected to start trading on the NYSE on December 9, making it the largest Bitcoin holder listed on the NYSE [5][6] - The firm will be second only to Strategy in terms of overall Bitcoin treasury size [6] Strategic Focus - The strategy of Twenty One Capital is to outperform competitors by enhancing shareholder value through more capital-efficient Bitcoin accumulation [7]