Twenty One Capital, led by Jack Mallers, is set to trade on the NYSE next week after merging with Cantor Equity Partners. The company aims to build one of the largest corporate Bitcoin treasuries, expected to become the third-largest holder of Bitcoin with 43,514 BTC worth $4 billion. Source: Jack Mallers

Companies with large Bitcoin reserves are struggling after a massive liquidation wave on Oct. 10 led to a $19 billion wipeout. Bitcoin’s value dropped below $80,000 in November, hitting firms like Strategy hard. The viability of corporate Bitcoin treasury strategies is being questioned due to ongoing market volatility and liquidity risks. Source: BitcoinTreasuries.NET

Read more at Cointelegraph: Twenty One Capital to List on NYSE After Cantor Merger