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Bitcoin firm Twenty One Capital drops 20% on first day of trading

Jon Hartney by Jon Hartney
December 10, 2025
in Bitcoin, Blockchain, Business, Market
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Twenty One Capital came to market with over $4 billion in Bitcoin, but its lack of publicly shared business plans appears to have led some investors to the exit.

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Shares in Twenty One Capital (XXI), the newest crypto treasury company in the US, slid 20% on its trading debut after merging with the blank-check company Cantor Equity Partners.

Twenty One Capital opened trading on Tuesday at $10.74, below the closing price of $14.27 on Monday for Cantor’s special purpose acquisition company that it merged with.

The new Bitcoin (BTC)-focused company’s stock closed trading on Wednesday at $11.42, down 19.97% over 24 hours. 

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