XXI Higher by 8% on Merger Plans with Strike and Bitcoin Miner Elektron Energy

Tether Proposes Mergers Involving Bitcoin Treasury Company

Tether has proposed that Twenty One Capital merge with Strike, a crypto trading and spending platform, and Elektron Energy, a Bitcoin mining firm, at a time when Twenty One Capital’s main business of investing in Bitcoin has fallen out of favor.

XXI higher by 8% on merger plans with Strike and bitcoin miner Elektron Energy

XXI surges 10% after-hours as Tether moves to combine bitcoin treasury, mining, and financial services under one roof.

Twenty One Shares Rise on Tether’s 3-Way Merger Proposal – #CryptoUpdatesGNIT

Shares in the Bitcoin-buying company Twenty One Capital climbed in after-hours trading on Wednesday after its majority shareholder, Tether, proposed a three-way merger with two other crypto companies. Tether said Wednesday that it intends to vote in favor of a proposed merger between Twenty One Capital and Bitcoin payments company Strike, followed by a proposed merger of the combined company with Bitcoin mining firm Elektron Energy. Tether added…

Twenty One Capital (XXI) Stock Rallies on Tether’s Proposed Three-Company Merger Plan

Twenty One Capital (XXI) stock jumped 6% after hours following Tether's proposal to merge the company with Strike and Elektron Energy into one Bitcoin platform. The post Twenty One Capital (XXI) Stock Rallies on Tether’s Proposed Three-Company Merger Plan...

Tether Pushes Twenty One Capital Toward Bitcoin Supercompany Deal

Tether Investments wants to turn Twenty One Capital into one of the most powerful public Bitcoin companies in the market. The investment arm of Tether said it plans to vote its shares in favor of proposed mergers between Twenty One Capital, Strike, and Elektron Energy. The plan would first combine Twenty One Capital with Strike, Jack Mallers’ Bitcoin financial services company. The merged company would then combine with Elektron Energy, a large-…

21Shares Gains as Tether Proposes Three-Way Merger

A three‑way merger proposal from Tether sent shares of Twenty One Capital climbing in after‑hours trading on Wednesday, as the Bitcoin‑focused firm eyes a strategic consolidation with Strike and Elektron Energy. Tether said it intends to vote in favor of a plan that would first merge Twenty One Capital with Strike, a Bitcoin payments company, and then combine the resulting entity with Elektron Energy, a Bitcoin mining operation. Tether described…