Tether Buys $459 Million In Crypto, Launches New Bitcoin Treasury Company
12 Articles
12 Articles
Twenty One Capital Rises as a Leading Bitcoin Powerhouse Following Tether’s $459M Purchase - The Cryptocurrency Post
TL;DR Strategic Bitcoin Boost: Tether’s $459M purchase of nearly 4,812.2 BTC has propelled Twenty One Capital into the spotlight as the third largest corporate Bitcoin holder. Massive Holdings Growth: The acquisition raised Twenty One Capital’s Bitcoin reserves to 36,312 BTC, with a current valuation of about $3.46 billion. Innovative Industry Play: Backed by stalwarts like Tether, Bitfinex, and SoftBank, the move reinforces investor confidence…


Tether Goes Shopping: $459 Million In Bitcoin Secured For Twenty One Capital
A major stablecoin issuer has just put nearly half a billion dollars into Bitcoin. According to a filing with the US Securities and Exchange Commission on May 13, Tether bought 4,812 BTC at an average price of $95,319 each on May 9. That adds nearly $460 million of Bitcoin to a special escrow wallet tied to Twenty One Capital, a firm backed by Tether that is working toward a SPAC merger with Cantor Equity Partners. Tether’s Bold Bitcoin Move Bas…
Tether acquires $459M Bitcoin for 21 Capital Treasury
Tether acquires $459M Bitcoin for 21 Capital Treasury May 14, 2025 https://cryptotvplus.com/2025/05/tether-acquires-459m-bitcoin-for-21-capital-treasury/Tether, a major stablecoin issuer, and Jack Mallers’ newly launched Bitcoin treasury firm have collectively purchased over 4,800 BTC for their joint initiative. A recent filing with the U.S. Securities and Exchange Commission by Cantor Equity Partners, dated May 13, revealed that Tether acquired…
LATEST: Jack Mallers' Twenty One Capital Acquires 4,812 Bitcoin for $458 Million
Stablecoin giant Tether has made a major move in the crypto market by purchasing $458.7 million worth of Bitcoin for investment firm Twenty One Capital. The deal involved acquiring 4,812.2 BTC at $95,319 per coin which was then transferred to an escrow wallet on May 9 according to a May 13 SEC filing. This brings Twenty One’s Bitcoin holdings to 36,312 BTC making it the third-largest corporate holder of Bitcoin. The firm is backed by both Tether…
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