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-0.00246609124537625 -0.00431565967940816 0.00308261405671992 0.00616522811344006 0.00431565967940816 0.00184956843403191 0 -0.00246609124537625
Stock impact report

Twenty-One Weighs Mergers With Strike, Elektron to Create Publicly Traded Bitcoin Giant [Yahoo! Finance]

Twenty One Capital, Inc. Class A (XXI) 
Company Research Source: Yahoo! Finance
Capital, Strike, and Elektron Energy into what it described as "the premier listed Bitcoin company in the world." The proposed combination would unite three distinct Bitcoin operations under a single public entity. Twenty-One Capital, which ranks second among public companies for Bitcoin holdings with over $3.3 billion worth of BTC, would contribute its substantial treasury operations to the merged platform. Strike, the Bitcoin financial services company founded by Jack Mallers—the CEO of Twenty-One Capital—operates in more than 100 countries and enables users to buy, sell, hold, transact, and borrow against Bitcoin. Mallers said this week that Strike has secured a $2.1 billion credit facility to meet lending demand. Elektron Energy would bring significant mining infrastructure to the merger. Led by Raphael Zagury, who is recommended to serve as president of the combined entity, the company has mined more than 5,500 Bitcoin across its managed portfolio and maintains all-in produ Show less Read more
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