According to André Dragosch (@Andre_Dragosch), the Cantor Equity Partners SPAC for Twenty One has surged nearly 200%, pushing its implied market capitalization to $12 billion. With approximately $4 billion in bitcoin holdings, this move means Twenty One is trading at a 3x NAV premium. For traders, this significant premium over net asset value signals heightened market optimism and potential volatility, particularly for those seeking exposure to bitcoin-related equities. Source: André Dragosch on Twitter.