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Twenty One Capital, Inc. (XXI)

Financial Services | Shell Companies | Austin, United States | NYSE
8.02 USD +0.38 (4.974%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 8.09 +0.07 (0.873%) ⇧ (April 17, 2026, 7:56 p.m. EDT)

Short-term: ☆☆☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 10:19 p.m. EDT

XXI is a speculative vehicle trading a 'value trap' narrative with a potential 70% downside, according to prior fair value models. The data confirms this is a momentum play turned bearish: recent price action is bottoming near NYSE lows, but technicals (50-day vs 200-day average divergence) and options flow (heavy downside protection) suggest further grinding lower is imminent rather than a speculative relief rally. The massive OTM flow is noise in this context; the fundamental reality remains that this SPAC shell lacks operational cash flow or a proven business, warranting a 'avoid' rating until a genuine merger target with fundamentals materializes.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.242427
AutoETS0.242843
AutoARIMA0.248697
MSTL0.283872

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 80%
H-stat 0.80
Ljung-Box p 0.000
Jarque-Bera p 0.366
Excess Kurtosis -0.30
Attribute Value
Sector Financial Services
Debt to Equity Ratio 14.079
Market Cap 5,224,155,648
Website https://xxi.money

As of April 18, 2026, 10:19 p.m. EDT: Market makers face asymmetric risk. In the near term (Apr 17), there is heavy put interest at $5.00 and $10.00 strikes with elevated IV (5.69% and 2.56% respectively), contrasting with lower call upside exposure. This structure with a downside strike at 5.00 (approx -37% from current price) signals established bears. However, the most aggressive signal is the 'New Flow' at the 22.5 and 35.0 strikes for both calls and puts across longer expirations (July/Oct), accompanied by massive OTM Call volume (1.3k vol at 22.5) and Put IVs spiking to 23.67%. This indicates a bet by retail/speculators on extreme volatility (gamma scalping or distressed setup), not a directional trend. Given the low current price, the Call volume at $22.5 is structurally unlikely to profit, suggesting the 'flow' is likely market making against deep OTM narratives or highly speculative positioning rather than immediate direction.


Info Dump

Attribute Value
52 Week Change -0.25740743
Address1 111 Congress Avenue
Address2 Suite 500
All Time High 59.75
All Time Low 5.61
Ask 8.1
Ask Size 1,300
Average Daily Volume10 Day 1,312,880
Average Daily Volume3 Month 1,512,491
Average Volume 1,512,491
Average Volume10Days 1,312,880
Bid 7.5
Bid Size 2,000
City Austin
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 8.02
Current Ratio 47.616
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 8.165
Day Low 7.765
Debt To Equity 14.079
Display Name Twenty One Capital
Ebitda Margins 0.0
Enterprise Value 3,145,939,968
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 6.5942
Fifty Day Average Change 1.4258003
Fifty Day Average Change Percent 0.21622036
Fifty Two Week Change Percent -25.740742
Fifty Two Week High 59.75
Fifty Two Week High Change -51.73
Fifty Two Week High Change Percent -0.86577404
Fifty Two Week Low 5.61
Fifty Two Week Low Change 2.4100003
Fifty Two Week Low Change Percent 0.42959008
Fifty Two Week Range 5.61 - 59.75
Financial Currency USD
First Trade Date Milliseconds 1,723,555,800,000
Float Shares 130,811,531
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.62743
Held Percent Institutions 0.33236
Implied Shares Outstanding 651,390,912
Industry Shell Companies
Industry Disp Shell Companies
Industry Key shell-companies
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Twenty One Capital, Inc. engages in the Bitcoin related business. The company engages in actively accumulating Bitcoin and managing its Bitcoin holdings. It also develops educational materials and branded content to enhance institutional and retail investor Bitcoin literacy. Twenty One Capital, Inc. is based in Austin, Texas.
Long Name Twenty One Capital, Inc.
Market us_market
Market Cap 5,224,155,648
Market State PREPRE
Max Age 86,400
Message Board Id finmb_1940625731
Most Recent Quarter 1,767,139,200
Net Income To Common -260,807,168
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 2,779,316,187
Open 7.87
Operating Cashflow -2,843,605
Operating Margins 0.0
Phone 206 552 9859
Post Market Change 0.069999695
Post Market Change Percent 0.8728141
Post Market Price 8.09
Post Market Time 1,776,470,213
Previous Close 7.64
Price Hint 2
Profit Margins 0.0
Quick Ratio 47.429
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.380001
Regular Market Change Percent 4.97383
Regular Market Day High 8.165
Regular Market Day Low 7.765
Regular Market Day Range 7.765 - 8.165
Regular Market Open 7.87
Regular Market Previous Close 7.64
Regular Market Price 8.02
Regular Market Time 1,776,456,002
Regular Market Volume 1,423,273
Sand P52 Week Change 0.38150132
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 346,548,153
Shares Percent Shares Out 0.025
Shares Short 8,676,218
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 2,907,364
Short Name Twenty One Capital, Inc.
Short Percent Of Float 0.21540001
Short Ratio 3.82
Source Interval 15
State TX
Symbol XXI
Total Cash 117,702,936
Total Cash Per Share 0.34
Total Debt 484,326,592
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 15.911175
Two Hundred Day Average Change -7.8911743
Two Hundred Day Average Change Percent -0.4959517
Type Disp Equity
Volume 1,423,273
Website https://xxi.money
Zip 78,701