[Twenty One Capital, invested by Tether and SoftBank, drops 24% on first day of listing] Bitcoin asset reserve company Twenty One Capital, invested by Tether and SoftBank Group, went public on the New York Stock Exchange through a merger with special purpose acquisition company Cantor Equity Partners. Twenty One Capital's stock ticker is XXI, and it fell 24% on Tuesday morning. Twenty One Capital holds 43,514 bitcoins, valued at approximately $4 billion, making it the third-largest corporate bitcoin holder after MicroStrategy and MARA Holdings.

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