XXI higher by 8% on merger plans with Strike and bitcoin miner Elektron Energy
Shares of Bitcoin-focused firm Twenty One Capital (XXI) rose more than 8% in after-hours trading Wednesday after major shareholder Tether Investments proposed a merger with Strike and Elektron Energy. Tether Investment, the independent investment arm of the stablecoin issuer, said it intends to vote in favor of XXI’s merger with Strike, the global Bitcoin financial…