cep-stock-price-soars-70-on-bitcoin-spac-news

So, like, did you hear about this crazy news with CEP stock prices going through the roof? Cantor Equity Shares are like, surging by 55% and then going up another 15% before the market even opens because of some Bitcoin SPAC deal with Twenty One Capital. This all went down on April 24, 2025, around 12:49 p.m. and the shares are trading for less than $19.

It’s all because Strike CEO Jack Mallers and Brandon Lutnick are behind Twenty One Capital, making it like a public proxy for Bitcoin or something. They’re talking about holding over 42,000 BTC and introducing all these new fancy metrics to measure stuff. Tether, Bitfinex, and SoftBank are all in on this too, controlling a bunch of equity and voting power after converting stuff.

With BTC hanging around $94,000 and holding almost $4B in BTC, people are thinking CEP is gonna be a big deal for Bitcoin adoption. The stock is gonna get a new ticker once this whole merger thing is done, so keep an eye out for that. Not really sure why this matters, but that’s the scoop.