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Home»ADOPTION NEWS»Tether Support 21 Bitcoin worth $ 450 million
ADOPTION NEWS

Tether Support 21 Bitcoin worth $ 450 million

By Crypto FlexsMay 13, 20252 Mins Read
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Tether Support 21 Bitcoin worth $ 450 million
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Twenty One Capital, a Bitcoin Investment Company supported by Cantor Fitzgerald, Tether, and Softbank, purchased 4,812 BTC for $ 480 million. The company is traded according to the CEP CEP.

According to Tuesday, TETHER, a stablecoin publisher, was purchased immediately after the establishment of Twenty One Capital. This transaction was part of the contract agreed to use the total proceeds of the subscription contract related to the convertible memo provided by the publicly traded corporation.

The initial allocation, called “initial pipe Bitcoin,” for private investments in public stock transactions, has been transferred to a tethered wallet. When the business combination is closed, Tether will sell Bitcoin for $ 480 million to the open company.

Twenty One Capital was created through the merger of the SPAC with the Cantor Equity Partners. In the balance table, Bitcoin was released at $ 3.6 billion, making it the third largest Bitcoin holder among the companies that were openly traded.

The company is leading Jack MollerThe founder of the strike. TETHER and sister company Crypto Exchange Bitfinex owns a large number. Softbank has a few stakes.

A company led by a strike founder Jack MollerIt is one of dozens of companies that adopt a bitcoin -based investment strategy along the footsteps of Michael Saylor’s Playbook. Twenty One Capital is owned by a tether and a sister company, Crypto Exchange Bitfinex, and Softbank is a small stakeholder.


Indemnity: Block is an independent media outlet that delivers news, research and data. As of November 2023, Poresight Ventures is the majority investor of this block. The predictive venture invests in another company in the encryption space. Crypto Exchange Bitget is an anchor LP of predictive venture. This block continues to work independently to provide objective, influential and timely information about the encryption industry. The following is the current financial disclosure.

© 2025 Block. All rights holdings. This article is provided only for the purpose of providing information. It is not provided or used as law, tax, investment, finance or other advice.

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