Weiss Asset Management LP Takes Position in Twenty One Capital, Inc. $XXI

Weiss Asset Management LP acquired a new stake in shares of Twenty One Capital, Inc. (NYSE:XXI) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 142,579 shares of the company’s stock, valued at approximately $913,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in XXI. E6 Portfolios LLC bought a new position in Twenty One Capital during the 4th quarter valued at $106,000. Squarepoint Ops LLC bought a new stake in shares of Twenty One Capital in the 4th quarter worth $281,000. Softbank Group CORP. bought a new stake in shares of Twenty One Capital in the 4th quarter worth $780,575,000. Osaic Holdings Inc. acquired a new stake in shares of Twenty One Capital in the fourth quarter valued at $148,000. Finally, Amundi bought a new position in Twenty One Capital during the fourth quarter valued at about $2,647,000.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Weiss Ratings upgraded shares of Twenty One Capital from a “sell (d-)” rating to a “sell (d)” rating in a research report on Thursday, May 14th. Wall Street Zen raised shares of Twenty One Capital from a “strong sell” rating to a “hold” rating in a research note on Saturday, July 18th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Twenty One Capital has a consensus rating of “Sell”.

Twenty One Capital Price Performance

XXI stock opened at $4.55 on Tuesday. Twenty One Capital, Inc. has a one year low of $4.27 and a one year high of $12.51. The firm has a 50-day moving average of $5.84 and a two-hundred day moving average of $7.06. The firm has a market capitalization of $2.97 billion, a PE ratio of -32.54 and a beta of -1.52. The company has a current ratio of 25.22, a quick ratio of 25.22 and a debt-to-equity ratio of 0.19.

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.