Bitcoin Company Twenty One to Launch via SPAC Merger
- Tether, Bitfinex, Cantor Fitzgerald, and SoftBank are collaborating to launch Bitcoin company Twenty One.
- Cantor Equity Partners will facilitate the launch through a SPAC merger.
- CEP shares increased by 134% in a week, recently trading at $24.80 each.
- Twenty One plans to hold over 42,000 Bitcoins, valued at more than $3.9 billion.
- The company aims to provide Bitcoin-related financial services and content.
Cantor Equity Partners announced it would launch Bitcoin-focused Twenty One via a SPAC merger, causing CEP shares to rise by 134% in a week. The new company plans to hold over $3.9 billion in Bitcoin.
Source (2.6)https://decrypt.co/316184/cantor-equity-stock-surges-bitcoin-company?rand=52368
