Twenty One Capital jumps after Tether backs Strike and Elektron merger plan

Twenty One Capital shares rose 6.6% after hours after Tether said it intends to back a proposed merger with Strike and Elektron Energy. Tether did not disclose the terms or timing, but said the combined company would add Strike’s financial services and regulatory infrastructure plus Elektron’s Bitcoin mining operations. Twenty One currently holds 43,514 Bitcoin, the second-largest public company treasury behind Strategy.

BTC2.35%
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