Cantor Equity Partners stock (CEP) increases 100% at the fusion with Bitcoin company Twenty One – Cantor Equity Partners (NASDAQ: CEP)

Shares of Cantor Equity Partners Inc. CEP are traded by 18.6% to $ 38.84 and 18.6% during the session on Wednesday.
Haved 100% in the past week after announcing a merger with Bitcoin focusing Twenty -one.

What to know: The merger that the combined company estimates with $ 3.6 billion would be the third largest public owner of Bitcoin BTC/USD Just behind strategy And Tether. Twenty -one is now supported by large players such as Tether, Softbank and Hit founder Jack MallersWho will take over the helm as a CEO of the fusion company.

Mallers is best known as the founder of Streik, a prominent Bitcoin payment platform that played a key role in El Salvadors Bitcoin adoption. As a vocal Bitcoin Advocate, he was largely contributed to promoting the Bitcoin native financial infrastructure on a global level.

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Mallers also advised political decision -makers about the regulation of digital assets and talked about important events such as Bitcoin 2021 conference, on which he revealed El Salvador’s historical step.

Strike has expanded to several countries and offers inexpensive transfers and lightning -fast payments that aim to undercut traditional financial intermediaries.

Twenty -one, which currently holds 42,000 Bitcoin, aims to further increase its share, which is founded by 585 million US dollars for additional Bitcoin purchases and operations. The company will concentrate on Bitcoin native financial instruments, capital markets and the media and introduce new metrics such as “Bitcoin Pro share”.

The outstanding approval of the shareholders plans the combined entity of a NASDAQ list under the ticker “XXI”, which may signal a new era for institutional Bitcoin investments.

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How to buy CEP shares

In the meantime, you are probably curious how you can take part in the Cantor Equity Partners market – be it to buy shares or even try to bet against the company.

The purchase of shares usually takes place via a brokerage account. Here you will find a list of possible trading platforms. With many, it enables you to buy “broken shares” with which you can have parts of the shares without buying an entire stock.

In the case of Cantor Equity Partners, who are traded at $ 38.0 at the time of publication, $ 100 would buy $ 2.63.

If you want to bet against a company, the process is more complex. You need access to an option trading platform or a broker that enables you to “shorten” a share of stocks by lending you to sell. You can find the process of linking a share in this resource. Otherwise, if your broker enables the trade options, you can either buy a put option or sell a call option at an exaggerated price that shares currently act. In both cases, you can benefit from the price drop of the share price.

According to Benzinga Pro, CEP has a 52-week high of $ 42.00 and a 52-week low of USD 9.99.