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Twenty One Capital Stock Jumps as Bitcoin Treasury Firm Prepares to Speak

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The stock price of Twenty One Capital, listed on the New York Stock Exchange as XXI, increased by 4.89% to $6.97 on Monday, despite a broader market decline.

This marks a significant recovery for the company, which had fallen to $4.58 in August and is now about 52% higher.

The price of Bitcoin has also rebounded, trading near $63,555 in August and around $84,800 over the weekend.

Twenty One Capital holds 43,514 Bitcoins, which would be worth roughly $3.7 billion at current prices, making it one of the largest Bitcoin balance sheets in the public markets.

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