Twenty One Capital Merger Approved for NYSE Listing

Twenty One Capital, a Bitcoin-focused financial firm led by Strike CEO Jack Mallers, secured shareholder approval for its merger with special purpose acquisition company Cantor Equity Partners, paving the way for the combined entity to begin trading on the New York Stock Exchange next week.

The approval came during a meeting on December 4, 2025, with final voting results to be detailed in an upcoming SEC Form 8-K filing. The transaction is expected to close on December 8, pending standard regulatory conditions, allowing the merged company's Class A common stock to debut under the ticker symbol XXI on December 9. Twenty One Capital, which positions itself as the first publicly listed Bitcoin-native company, will retain its name and focus on accumulating Bitcoin through capital-efficient strategies and developing related ecosystem services.

Upon listing, the firm will hold 43,514 BTC on its balance sheet, valued at approximately $4 billion based on current market prices. This makes it the third-largest corporate Bitcoin holder among publicly traded companies, behind MicroStrategy with over 650,000 BTC and cryptocurrency miner MARA Holdings. The holdings include an addition of...