Bitcoin Treasury Firm Twenty One Capital Falls 20% on NYSE Debut

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Bitcoin news broke Tuesday as Twenty One Capital’s shares fell 20% on their NYSE debut. The Bitcoin treasury firm, led by Jack Mallers, holds 43,500 Bitcoin, valued at over $4 billion. On-chain data shows the firm trades at a $3.85 billion market cap. The drop follows a 27% Bitcoin price decline since October’s peak, weighing on the sector.
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