Summary

Cantor Equity Partners (CEP) saw its shares increase by 55% on Tuesday and an additional 15% pre-market, recently trading just under $19. Investors are specifically excited about the company’s proposed merger with Twenty One Capital, a bitcoin-focused investment vehicle supported by Tether, Bitfinex, and SoftBank.

Important Points

• Market Capitalization: The merger positions Twenty One to manage over 42,000 BTC—ranking as the third-largest public treasury.
• Ownership Structure: After conversion, the majority of ownership will be held by insiders, with the public shareholders limited to just 2.7%, but they could benefit significantly from BTC price increases.

Investor Insights

In a market where BTC is nearing $94,000, CEP is being evaluated as a viable high-leverage investment on institutional adoption. The stock is projected to be re-listed under the ticker “XXI” following the merger completion.

Image Source: Strike CEO Jack Mallers (Eva Marie Uzcategui/Bloomberg)
Image showing pro forma ownership structure of Twenty One Capital.

Disclaimer

Parts of this article were generated using AI tools and validated by our team to ensure quality and accuracy. For more information, check CoinDesk’s full AI Policy.