Twenty One Capital Could Hold Around 43,500 Bitcoin Following Tether’s Additional Coin Contribution
Main Idea
Twenty One Capital has increased its Bitcoin holdings to 43,500 BTC, becoming one of the largest corporate holders, signaling strong institutional confidence in Bitcoin and its vision for a new financial system.
Key Points
1. Twenty One Capital now holds 43,500 BTC, valued at over $5 billion, making it one of the top corporate Bitcoin holders.
2. The firm is backed by major industry players including Tether, Bitfinex, Cantor Fitzgerald, and SoftBank.
3. CEO Jack Mallers emphasizes the company’s vision to build a new financial system centered on Bitcoin.
4. Twenty One Capital is set to go public via a SPAC merger with Cantor Equity Partners, trading under the ticker XXI on Nasdaq.
5. The company’s growth reflects a broader trend of firms prioritizing Bitcoin accumulation as a core business strategy.
Description
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