Twenty One Capital’s NYSE Debut Disappoints Despite 43,514 Bitcoin Treasury

On December 9, Bitcoin Treasury firm Twenty One Capital made its debut on the New York Stock Exchange (NYSE), and is trading under the ticker XXI. This latest public listing comes following its merger with Cantor Equity Partners. Following this merger, the company had a stash of a massive 43,514 BTC, worth over $4 billion. This makes it the third-largest BTC holder after Michael Saylor’s Strategy (MSTR) and Bitcoin Miner MARA Holdings Inc. Despite the strong balance-sheet positioning, XXI’s market debu ...