📉 Bitcoin Firm Twenty One Plunges on NYSE Debut
The Bitcoin $BTC investment company Twenty One, supported by industry heavyweights like Cantor Fitzgerald and Jack Mallers, saw a significant loss on its first day of trading on the New York Stock Exchange (NYSE).
The firm's stock price dropped by 26.42%, settling at $10.5 upon its market debut.
In related news, the Twenty One Capital team had previously announced a plan to move over 43,500 $BTC BTC from a custodial account into their own custody. This transfer is part of the listing settlement process, and the company intends to update its proof of reserves once the transfer is finalized.
BTC
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