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-0.00051539912005031 -0.000628535512256429 -0.00125707102451297 -0.000628535512256429 -0.00691389063482094 -0.00565681961030797 0.0144563167818981 0.0157008170961658
Stock impact report

Tether Backs Plan to Turn Twenty-One Into a Larger Public Bitcoin Platform [Yahoo! Finance]

Twenty One Capital, Inc. Class A (XXI) 
Company Research Source: Yahoo! Finance
Tether Investments is pushing for a larger Bitcoin (CRYPTO: $BTC) operating platform around Twenty One Capital (NYSE: $XXI), saying it plans to vote its shares in favour of a proposed merger between XXI and Strike, followed by a second proposed merger with Elektron Energy. If completed, the transactions would bring together a listed Bitcoin treasury company, a global Bitcoin financial services business and a large-scale mining operator under one combined platform. For Twenty One Capital, the proposal would mark a shift from treasury exposure alone toward a business with more operating depth. Strike would contribute its Bitcoin payments, trading, custody and borrowing infrastructure, along with global distribution and regulatory capabilities across more than 100 countries. Elektron would add mining scale, energy operations and execution experience at a time when public Bitcoin companies are increasingly being judged on more than how much BTC they hold. Elektron is described as o Show less Read more
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