Strike will remain independent after its proposed three-way merger with Twenty One Capital and Elektron Energy was scrapped, Bloomberg reports.

The proposed three-way merger between Twenty One Capital, Strike, and Elektron Energy has been abandoned, with Strike no longer participating.

Strike will remain independent after its proposed three-way merger with Twenty One Capital and Elektron Energy was scrapped, Bloomberg reports.

The Twenty One Capital, Strike, and Elektron Energy merger backed by $2.1B in Tether credit has been canceled. Jack Mallers resigns, Zagury takes