Weiss Asset Management LP Invests $913,000 in Twenty One Capital, Inc. $XXI

Weiss Asset Management LP acquired a new position in shares of Twenty One Capital, Inc. (NYSE:XXI) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 142,579 shares of the company’s stock, valued at approximately $913,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Evexia Wealth LLC raised its holdings in Twenty One Capital by 18.1% in the 1st quarter. Evexia Wealth LLC now owns 12,539 shares of the company’s stock worth $88,000 after acquiring an additional 1,926 shares during the period. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Twenty One Capital in the fourth quarter valued at about $91,000. E6 Portfolios LLC bought a new position in shares of Twenty One Capital in the fourth quarter worth about $106,000. CI Investments Inc. acquired a new position in shares of Twenty One Capital during the 1st quarter worth about $108,000. Finally, Kovack Advisors Inc. acquired a new position in shares of Twenty One Capital during the 4th quarter worth about $127,000.

Twenty One Capital Price Performance

Twenty One Capital stock opened at $4.55 on Tuesday. The business’s fifty day moving average is $5.84 and its two-hundred day moving average is $7.06. The company has a debt-to-equity ratio of 0.19, a quick ratio of 25.22 and a current ratio of 25.22. The firm has a market cap of $2.97 billion, a P/E ratio of -32.54 and a beta of -1.52. Twenty One Capital, Inc. has a 52 week low of $4.27 and a 52 week high of $12.51.

Analyst Ratings Changes

Several brokerages recently issued reports on XXI. Weiss Ratings raised shares of Twenty One Capital from a “sell (d-)” rating to a “sell (d)” rating in a report on Thursday, May 14th. Wall Street Zen upgraded shares of Twenty One Capital from a “strong sell” rating to a “hold” rating in a research note on Saturday, July 18th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

About Twenty One Capital

Twenty One Capital Inc is a newly formed operating company focused exclusively on Bitcoin-related business lines. Twenty One Capital Inc, formerly known as Cantor Equity Partners Inc, is based in AUSTIN, Texas.