XXI Drops 25% After SPAC Merger

Dec 10, 2025 - 04:30
XXI Drops 25% After SPAC Merger
Twenty One (XXI) has fallen 25% early in its first day of trading following completion of its SPAC merger with Cantor Equity Partners (CEP). Now trading at about $10.50, the stock is at a level that effectively places the bitcoin native firm near its PIPE pricing of $10. The company enters the market with the...

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