NYSE:XXICapital Markets
Tether Merger Plan Could Reshape Twenty One Capital’s Future Business Model
Tether Investments has outlined a two-stage merger plan involving Twenty One Capital (NYSE:XXI), Strike, and Elektron Energy.
The proposal would shift Twenty One Capital from a treasury-focused structure toward an operating business with recurring revenue.
This planned transaction is positioned as part of a broader push to accelerate Bitcoin adoption.
Twenty One Capital, trading at $6.67, has seen its share price fall 7.0% over the past week, 25.4% over the past month, and 28.3% year to...