US EditionTwenty One Boosting Bitcoin Holdings; CEO Jack Mallers Sees $150K BTC Incoming
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12 Articles
Twenty One Boosting Bitcoin Holdings; CEO Jack Mallers Sees $150K BTC Incoming
Twenty One Capital, the bitcoin (BTC) treasury firm backed by Tether and Softbank, plans to add 5,800 BTC to its reserves ahead of a public listing through its merger with Cantor Equity Partners, the firm said Tuesday.The contribution, led by Tether as part of an existing arrangement, would bring Twenty One’s total holdings to more than 43,500 BTC, over $5 billion at current prices, positioning it as the third-largest corporate Bitcoin treasury …
Just a few weeks after its foundation, Twenty One Capital is ranked third among the largest Bitcoin Treasury companies. Now Jack Mallers is challenging its biggest competitor. Source: BTC-ECHO BTC-ECHO
Twenty One Capital Gains Massive Bitcoin Influx from Tether – #CryptoUpdatesGNIT
Twenty One Capital is planning to go public soon, and Tether gave it a fresh influx of 5,800 bitcoins. This brings its total holdings to over 43,500 BTC, making the firm one of the largest corporate Bitcoin treasuries. The company also plans to introduce a new “Bitcoin Per Share” (BPS) metric to track Bitcoin-denominated performance directly. Twenty One’s Newest Bitcoin Addition Strike CEO and Lightning developer Jack Mallers has been a Bitcoin …
The firm plans to receive an additional 5,800 BTC before it goes to the stock market. It already has support from Tether, SoftBank and Cantor Fitzgerald. *** Twenty One seeks to list its action in Nasdaq under the CEP ticker. Tether will support the process with the injection of 5,800 BTC into the company’s reserves. The company was founded by Jack Mallers, CEO of Strike. Currently, it ranks third among the companies with the largest BTC treasur…
Twenty One Capital Accumulates More Bitcoin Than Initially Planned
Cointelegraph reported Tuesday that Cantor Fitzgerald-backed Twenty One Capital has increased its Bitcoin holdings beyond initial projections. The Bitcoin treasury firm now holds at least 43,500 BTC, worth roughly $5.13 billion at current prices.Bloomberg estimates the company acquired approximately 5,800 additional Bitcoin from stablecoin issuer Tether. This brings total holdings to roughly 1,500 BTC more than Twenty One Capital initially proje…
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