Twenty One Capital to Begin Trading on NYSE with $4 Billion Bitcoin Holdings
Twenty One Capital has received shareholder approval for a business combination with Cantor Equity Partners. The merged entity is scheduled to begin trading on the New York Stock Exchange on December 9, 2025, under the ticker XXI, with the close of the transaction anticipated around December 8.
The firm will hold approximately 43,500 BTC worth roughly $4 billion after incorporating 5,800 BTC from Tether. This positions Twenty One Capital as potentially the third-largest corporate holder of Bitcoin, behind Strategy and MARA. The firm represents a collaboration among Tether, Bitfinex, Cantor Fitzgerald, and SoftBank.
The name Twenty One Capital references Bitcoin’s total supply cap of 21 million, of which about 19.95 million BTC have been mined to date. CEO Jack Mallers expressed enthusiasm about the listing on X (formerly Twitter) on December 4, 2025, stating: "Game on. See you at the NYSE on Tuesday."
Regarding Bitcoin's market context, BTC has struggled to break the resistance level at $94,000, with lower highs indicating waning buying momentum unless this level is reclaimed. If BTC weakens below $90,000, the next support level is around $87,000, and a major downside target exists between $82,000 and $81,400 before any meaningful rebound.
