Cantor Equity shares rally as retail investors cheer crypto venture
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Published date: 2025/09/19
- Location: 3942, Alpine, Iowa, United States
By Niket Nishant
April 25 (Reuters) -
Shares of blank-check firm Cantor Equity Partners soared 42% on Friday, extending a scorching rally from the previous session as retail investors flocked to the stock.
Over 2,200 users on Stocktwits.com, a social media platform for retail investors, added the stock to their watchlist after the company announced a $3.6 billion crypto venture on Wednesday.
The venture, Twenty One Capital, aims to be a publicly traded bitcoin-holding company that lets investors gain exposure to the cryptocurrency without directly owning it.
Once a niche idea, bitcoin-holding firms have gained traction after the exponential growth of Michael Saylor's Strategy, whose shares have jumped 27-fold since the company pivoted to bitcoin in 2020.
"Strategy became a http private proxy bitcoin play, and many traders are on the lookout for the next one," said Brett Reeves, head of Go Network and European Sales at crypto infrastructure firm BitGo.
April 25 (Reuters) -
Shares of blank-check firm Cantor Equity Partners soared 42% on Friday, extending a scorching rally from the previous session as retail investors flocked to the stock.
Over 2,200 users on Stocktwits.com, a social media platform for retail investors, added the stock to their watchlist after the company announced a $3.6 billion crypto venture on Wednesday.
The venture, Twenty One Capital, aims to be a publicly traded bitcoin-holding company that lets investors gain exposure to the cryptocurrency without directly owning it.
Once a niche idea, bitcoin-holding firms have gained traction after the exponential growth of Michael Saylor's Strategy, whose shares have jumped 27-fold since the company pivoted to bitcoin in 2020.
"Strategy became a http private proxy bitcoin play, and many traders are on the lookout for the next one," said Brett Reeves, head of Go Network and European Sales at crypto infrastructure firm BitGo.
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