XXI Stock Crashes To An All-Time Low After Jack Mallers Steps Down As CEO Amid Rift With Board Members

XXI stock crashed to an all-time low after CEO Jack Mallers stepped down amid a rift with board members.

A proposed merger between Twenty One Capital, Strike, and Bitcoin miner Elektron Energy has been abandoned.

The news was reported by Bloomberg, indicating market impact.

The stock decline reflects investor concern over leadership and merger collapse.

The exact percentage or value of the crash is not specified but is described as an all-time low.