According to Foresight News, citing CoinDesk, Cantor Equity Partners (CEP) stock surged 55% on Tuesday, with a further 55.42% increase in pre-market trading, trading at approximately $25.39. The price increase was driven by investors' optimistic sentiment about its merger with Twenty One Capital, a Bitcoin (BTC) native investment tool supported by Tether, Bitfinex, and SoftBank.
Led by Strike CEO Jack Mallers and Brandon Lutnick, Twenty One Capital is positioned as a public agent for Bitcoin, potentially holding over 42,000 BTC at launch and introducing metrics like Bits per Share (BPS) and Bitcoin Return Rate (BRR) to measure shareholder value calculated in BTC. According to the latest equity structure forecast, after conversion, Tether will hold 42.8% of equity and 51.7% of voting rights, while Bitfinex and SoftBank will hold 16.0% and 24.0% of shares, respectively. Public SPAC shareholders will retain only 2.7% ownership.




