Twenty One Capital Sees Surge in Shares Following Proposed Merger by Majority Holder Tether
Shares of Twenty One Capital, a firm focused on bitcoin, have risen by over 8% in after-hours trading on Wednesday. This surge comes after Tether Investments, the majority shareholder, proposed a three-way merger with Strike and Elektron Energy. Tether Investments, the investment arm of the stablecoin issuer, intends to vote in favor of combining Twenty One Capital with Strike, a global bitcoin f…
April 29, 2026, 10:12 p.m.