Shares of Cantor Equity Partners Inc (NYSE:CEP) are trading higher by 18.6% during Wednesday’s session and have surged 100% over the past week following the announcement of a merger with Bitcoin-focused startup Twenty One.
What To Know: The merger, which will combine the entities at a $3.6 billion valuation, would make it the third-largest public holder of Bitcoin (BTC) after Strategy and Tether. Twenty One is backed by major players including Tether, SoftBank and Strike founder
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