Cantor Equity Partners Soars 130% Amid Bitcoin SPAC Hype

Cantor Equity Partners (CEP) stock skyrocketed by 130% as investors rushed in following news of a planned merger with Twenty One Capital — a Bitcoin-native investment firm backed by Tether, Bitfinex, and SoftBank.

Led by Strike CEO Jack Mallers, Twenty One Capital is set to go public via the merger, bringing with it a massive 42,000 BTC treasury — the third-largest held by any public company. The new entity is expected to trade under the ticker "XXI."

Despite heavy dilution (public shareholders will retain only 2.7% ownership post-merger), the potential upside is drawing massive attention. With Bitcoin trading near $94,000, the $4B BTC exposure is making CEP a high-leverage play on institutional Bitcoin adoption.

As the crypto world watches closely, CEP’s transformation into XXI could mark a new era of Bitcoin-focused public companies — where performance is measured in Bitcoin per share.