Twenty One Capital's Bitcoin-Driven Launch Takes a Downturn as Shares Plummet
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 09 2025
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Should l Buy COIN?
Source: Benzinga
Company Overview: Twenty One Capital, Inc. began trading on the NYSE under the ticker XXI after merging with Cantor Equity Partners, positioning itself as a Bitcoin-focused public entity with a significant crypto treasury.
Bitcoin Holdings: The company holds over 43,500 Bitcoin, making it one of the largest public corporate holders, and plans to provide services related to Bitcoin, including capital markets advisory and educational media.
Ownership Structure: Tether and Bitfinex are majority stakeholders, while SoftBank Group holds a significant minority stake in the company.
Market Performance: Following its listing, Twenty One Capital shares experienced a decline of 23.13%, trading at $10.97 at the time of publication.
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Analyst Views on COIN
Wall Street analysts forecast COIN stock price to rise
25 Analyst Rating
17 Buy
7 Hold
1 Sell
Moderate Buy
Current: 191.250
Low
230.00
Averages
361.63
High
440.00
Current: 191.250
Low
230.00
Averages
361.63
High
440.00
About COIN
Coinbase Global, Inc. is a holding company of Coinbase, Inc. and other subsidiaries. The Company provides a platform that serves as a compliant on-ramp to the onchain economy and enables users to engage in a variety of activities with their crypto assets in both proprietary and third-party product experiences enabled by access to decentralized applications. It offers consumers their primary financial account for the onchain economy; institutions a full-service prime brokerage platform with access to deep pools of liquidity across the crypto marketplace, and developers a suite of products granting access to build onchain. The Company offers products and services to various customer groups: consumers, businesses, institutions, and developers. Its transaction products consist of consumer trading, prime trading, markets, base protocol and Coinbase wallet. The Company also provides market infrastructure in the form of exchanges for customers to trade spots and derivatives.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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