Bitcoin Per Share is calculated as a pro forma share amount, assuming no redemptions by the public shareholders of Cantor Equity Partners, Inc. in connection with the closing of the business combination, all PIPE investors fund their commitments in their PIPE subscription agreements and that no convertible notes issued at closing are converted into shares of Twenty One Capital, Inc.’s Class A Stock.
Total Holdings reflects the Bitcoin Twenty One Capital, Inc. expects to hold at closing.
Outstanding Shares reflects the number of shares of Twenty One Capital, Inc. that is expected to be issued upon completion of the business combination, assuming no redemptions by the public shareholders of Cantor Equity Partners, Inc. in connection with the closing of the business combination, all PIPE investors fund their commitments in their PIPE subscription agreements and that no convertible notes issued at closing are converted into shares of Twenty One Capital, Inc.’s Class A Stock.