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Well for one, the merger will grant massively more shares under XXI… it’s a 1:1 stock swap but that’s actually disadvantageous in a way as it’s not a 1:1 supply swap with an associated stock split after the merger. There are just under 8 million CEP shares and based on reports on PIPE funding the new pool could be anywhere from 10m to 371m. 10m is fine but 371m would be sort of devastating. Let’s say you have 1,000 shares and 0.01% under a 371m 1:1 stock merger you would still hold 1,000 shares but be a 0.00027% owner. This would certainly drop your value massively and immediately. Extra Info: I have a decent chunk of CEP, like CEP and will for sure risk holding through the merger and beyond…
Why not just buy Cantor Equity Partners(CEP) stock now? They’re going to merge and become Twenty One Capital, Inc.
This is of course NFA as its only my own personal thoughts and actions... I'm already very top heavy in MSTR in my retirement account, so no, but it has been one of my best performing stocks ever. I also follow James at InvestAnswers on YT and when he mentioned CEP, CCCM, and ASST I grabbed a little. (I'm in the negative on all three since buying in though) Regarding MSTR, however, I do believe its one of the best stocks to buy right now as their earnings report is on 31July and should beat analyst expectations by A LOT! Theres also a whole lot of S&P500 addition speculation at the moment too. On the flip side, I wouldn't want to hold any if a BTC bear market does hit as MSTR will drop considerably more.
The bull run is supposed to be this year in the Nov/Dec time frame. However, if you've watched any Mark Moss videos on YouTube, he believes theres a good chance alt coins aren't where its at this time around. Instead, he thinks its going to be in crypto treasuries and proxies on Wallstreet such as MSTR, CEP, ASST, CCCM, etc... I dunno if hes right or wrong, but what I do believe is that BTC and BCH are guaranteed winners long term.
Does anyone know how many shares of XX1 I’ll have if I enter the merger with 100 CEP? Thank you!
I'll have to look into smarter web company some more. I already got MSTR and got in timely before the pump for Jack Mallers 21 stock currently under CEP. I'm just cautious that the others might not pull off what Strategy has managed. Some of the other ones like Semler are struggling. Metaplanet has done well but I can't buy that.
I am 50. I thought I was too late at $700. I had 1 BTC at my max. I have moved most of it into the market. But even in the market, I am a fan of BTC related stocks and ETF’s. MSTR, MSTY, MTPLF, CCCM, CEP, SORA. All BTC related tickers. I still hold between .1 and .5 at any given time. If you’re not already funding a Roth IRA, I’d put that money there since it’s all after tax money. You can track BTC in the market and any shortfalls will be more than made up in taxes. And at our age we get to contribute an extra $1k. Just my thought’s on what would do. NFA
I’d buy 1000 shares CEP or 100 MSTR, rest in BTC to get a little leveraged play going. NFA
most of my money is simply been in bitcoin, but I like to gamble a bit too, I've picked (for my gambling account): MSTR, MARA, CEP, COIN, SMLR, and KULR. MSTR and CEP have been the winners so far. I believe in MARA alot too.
Is there a site where one can have a clear explanation of what is the BTC per share of one share of CEP after the merger is concluded? Thanks
Now just need them to finalize the SPAC merger from CEP to XXI and let these titans of industry do their thing. Hopefully they finalize it by EOM.
I buy/sell MSTR, CEP, and KDLY to scratch my itch for trading, while profiting off the volatility inherent to bitcoin. I stack sats, and then I trade these a little for fun.
..great .. now drive my CEP stock up to $ 100 bucks a share
Yeah, it's very interesting that CEP share prices has increased alot and is around 48 dollars now. Without any new news.......feels like it's living it's own life. The "reasonable" price should be around 30 dollars or below.
Isn’t CEP listed here with XXI BTC holdings + CEP bitcoin holdings, i.e., post merger, but only with CEP’s market cap, pre merger?
The same thing that happened to CEP will be happening to Kindly MD, however, the float is 1.9 million shares and over 75 million shares were sold naked…can’t wait to watch this one pop…people will likely hold shares due to the name Nakamoto being involved.
And miss the gain train.. When Mallers went on CNBC and announced the CEP ticker there was a good 2 day window when you could've bought at 1/4 to 1/2 the worth today. If you had the opportunity to get in on MSTR early on you wouldn't blink. This isn't a normal SPAC IMO, look at who it's funded through, Lutnick's company. I think the merge has a very high chance of going through successfully and betting on it, while taking profits along the way due to the history of SPAC mergers. Nonetheless, I think it has legs to run.
There’s different people. Some only buy Bitcoin. Some buy Bitcoin and crypto, some have expanded into these Bitcoin companies like MSTR, SMLR, KDLY, ASST, some are Buttcoiners. It all depends on how much you know and your risk tolerance. I saw the gains these BTC companies are getting and I sold most my BTC for MSTR and SMLR and MSTY. Small positions in CEP, KDLY and ASST. also have mining stocks and just picked up a very small amount of FAAS bc they announced they’re acquiring $100m worth of BTC. Their market cap is only $30m right now and it’s up 200%, I bought the top lol but I’m going to dca into that one. $100 at a time probably.
Anyone have any idea on how many shares of XXI I'll get if I hold 1000 shares of CEP?
There's too much big money and power players in the industry for the merger to fail. If you truly believe Bitcoin is going to continue growing into the future buying CEP is a great opportunity
When will CEP become XXI? Any timeframe? Next week? June? 6 months from now? Is there any rough ETA at all?
What does CEP mean? And how exactly can we buy it? Thank you.
For the past few months, it's trading as CEP
CEP launch as SPAC in January Lutnick named Secretary of Commerce Lot of moves for CEP since then 🤔
People can usher in to buy CEP, but it currently is a SPAC stock and waiting acquisition. Until it successfully merges, which is basically a shell holding and not finalized. They can bug the stock and it can possibly amount to nothing. I would wait until XXI successfully IPOs and buy then.
It's currently CEP. Will most likely change to XXI when the merger is complete.
I appreciate the response. I was wondering why I couldn't find XXI stock when trying to trade. According to google AI: Yes, Twenty One, which will seek to trade under the ticker symbol XXI, is trading. Shares of Cantor Equity Partners continue to trade on Nasdaq under the symbol CEP until the transaction closes. After the transaction closes, Twenty One will seek to trade under the ticker symbol XXI, according to Cantor Fitzgerald.
I’d advise against buying CEP until the merger is final and it’s XXI stock tbh.
bitcointreasuries . net is a good site that shows all the companies holding bitcoin. XXI - Twenty One - CEP stock (whatever you call it) has the lowest nav of the whole lot in regard to bitcoin holdings. I think it's VERY undervalued at this point.
Anyone know the details of the merge here? Ratio between owning shares of KDLY now and what you would own post-merge? Similar to the analysis that has been coming out around CEP...
can someone please dm the night before the next bitcoin treasury company SPAC is announced? 🤣 I made a little money on $CEP but I sat on the info for a day. $ASST, the pre-merger ticker for Vivek's company, is already up 700% since the news yesterday. Looking at it now and I want to trade it but I also don't want to get burned. FOMO
Miners like Hut8, Riot, Mara. Crypto treasuries like MSTR and CEP. Crypto companies like Coinbase. We have just agreed to be more like the US with crypto rules, this was one thing Reeve’s brought back with her after her trip to the US.
The public ticker is CEP (Cantor Equity Partners) which is a holding company buying a fraction of XXI. They will get afaik $10 / share worth of bitcoin, and it's currently trading north of $30 / share or over 50% mNAV premium to MSTR. Good luck with that. I see the price as a huge vote of confidence in Mallers, and maybe he will justify it, but it's too risky for me right now.
i saw an interview jack did on one of the major networks a few days ago. i'm intrigued, like others have said sounds kinda like the play book for mstr but with a few twists about being able to do more with btc such as point of sales, access points (i think he means like atm, not sure) i guess the intent is to make btc more usable in day to day life. all of this is still quite grey and i'm not really sure of the mechanism of how it will work also i was unable to find an effective strategy pertaining to the spac. until then i'll just assume it all hype and wait for more clarification. just my 2 cents not worth much. in the mean time CEP has been on rocket mode so there's that. maybe im too old or too smooth brained to understand the plan
I have both CEP and MSTR. I have much more MSTR since they hold 553K BTC. That is quite a moat.
That is what I’m trying to understand….what the heck one is buying with CEP. Never understood Spac stuff…reading something about CEP getting less than 3% of….missing too much info to understand what the heck one is getting with CEP vs just waiting till XXI becomes the entity.
Yes, you will have the same number of shares, however, there will be more shares of XXI so you will immediately be diluted but there are assets that come with XXI the CEP does not have so the price theoretically shouldn't drop
I am loving CEP… it’s like a younger MSTR… volatile and BTC backed….
When CEP seemed overvalued at 30 and now it’s almost at 60…🥲
What is the current premium to NAV that CEP is trading?!?
Anyone have unique insight on the Cantor Fitzgerald ($CEP) and Twenty One Capital venture? The ticker $CEP is up like 300% since the announcement. What's special about their plan to acquire Bitcoin?
Don't forget to diversify with some CEP as well!
I'm excited about this one, I bought a very modest 30 shares when it was in the mid 20's last week ... did some math and see that on opening (assuming 42,000 BTC is the starting point), on conversion from CEP to XXI, you're sitting on $3.31 in BTC per share. So at $30 it's a bit steep (10:1 mNAV premium)... but also these companies tend to grow VERY fast from the start, so maybe that is priced right. I'm going to be keeping track of that ratio...
Careful with CEP Could be highly diluted as the SPAC goes though. CEP is only going to be around 2.7% of XXI
But CEP (XXI) may be able to acquire a lot of bitcoin quickly
Has anyone smarter than me run any models to see what the numbers will have to look like for CEP to “Be a better BTC company than MSTR”? Do they plan to acquire more BTC? Or use some other metric to determine “success”? My brain can’t fathom how anyone catches MSTR at this point.
CEP stock gives Very litle share on 21 I probably going to wait for a dip
So they have 3B worth of btc. If you look up the share split in the new company. You come to a conclusion that investors get 2,7 percent of the shares which are all the cep shares that are purchased at this moment. So then you need to take 2,7 percent of 3 billion. That comes out to roughly 100m rounded up. CEP right now trades at 400m market cap. So it’s trading at 4 times the bitcoin holdings. And if you ask yourself where does all the other btc from the company go? Tether gets like 30 percent and a few others also. Leaving retail investor right now cep with 2,7 percent of all the bitcoin holdings. Meaning it’s now trading at a 4 mnav so 4 times overpriced. Now is this bad? No but it would mean xxii needs to get 120,000 dollars somewhere in the future. And the question is can it?
Bullish on XXI for bitcoin, but as stock CEP is way overpriced right now, they haven't done anything yet. Congrats to the guys here who bought the stock early before it pumped tho, I shoulda been faster.
I bought some $CEP, the ticker of the pre-merger SPAC before it becomes $XXI. The stock price has tripled in three days from $10 to $30. I wish I had more cash to buy with, but I'm just gonna hold for the long term. In the short term, The price might go back to $10 or even lower after the merger is complete. This sometimes happens with SPACs. I'm not an expert on IPO's and SPACs. But like I said, I'm in it for the long term. HODL. Also can someone smarter than me check this math: Microstrategy owns 538,000 and its market cap is $94 Billion. Twenty One Capital owns 42,000 btc and its market cap right now pre-merger is $324 Million. It seems like the market cap of Twenty One Capital has a lot of room to grow!
it somewhat already is. ticker symbol is CEP currently and will change to XXI once the SPAC-Merger completes
For me, I like to allocate capital to MSTR and now CEP as a way to generate more cash in Fiat terms so I can sell and spend the cash to enrich my life and not sell my Bitcoin.
You cant short bitcoin by shorting MSTR or by shorting CEP/XXI (Mallers’ company) … you only short the company, not the bitcoin they own.
Thoughts on buying in on CEP stock currently? Likelu that this initial surge of hype will fall back down a bit? The day mallers announced XXI I saw it had shot up from 10 dollars to 16 so I held off and now feel like a complete boob
Smash bought CEP, the Jack Mallers XXI SPAC. It’s like buying MSTR’s little brother early. Can’t go back in time to buy MSTR early… so I figured why not go for CEP (XXI)?
I agree with the sentiment, however having some exposure to vehicles such as $CEP/$XXI/$MSTR isn’t a bad idea if it means you have tax free exposure in an ISA or 401k. It’ll never be as good as owning sats, and it’s important to understand exactly what these companies offer, but exposure via other means isn’t necessarily a bad thing.
People have money trapped in 401k/retirement pensions etc that can’t buy the real thing, so BTC-derivatives like IBIT is the next best thing for them to get price exposure to the real thing at the cost of not having true self-custody. Thats one example. In general it depends on your goals as an investor and the type of account you’re investing in. If you’re looking for consistent income and focused on cash flow, stocks like MSTY/IMST might be up your alley. If you’re focused on growth and can do it in a tax advantaged acc like me, stocks like MSTR and prob XXI (currently CEP) are prob the way to go.
$CEP for now, then if the transition from Cantor to 21 is approved by the SEC, the ticker will become $XXI.
I guess to clarify, I bought stock in Cantor Equity Partners (CEP), their largest partner. I will be looking to pick up XXI too when its available.
Will the CEP ticker automatically convert to XXI? I’m debating on buying 100 shares right now
The Bank for International Settlements (BIS) allowed banks to hold 2% Bitcoin come Jan 1st 2% is billions for banks https://www.reddit.com/r/Bitcoin/s/wMadbL3CEP