Tether Moves $3.9B in Bitcoin to Twenty One Capital
- Tether Group and Bitfinex collectively transferred 25,812 Bitcoin to Twenty One Capital, a Bitcoin-focused firm, to support their financial involvement with the company in 2025.
- This transfer occurred following Twenty One Capital's announcement that it would become a publicly traded company on Nasdaq by merging with Cantor Equity Partners.
- Twenty One Capital secured $585 million through a combination of convertible senior secured notes and private investment in public equity financing, with the funds intended to support further acquisition of Bitcoin and other corporate activities.
- The company plans to begin operations with more than 42,000 Bitcoin, which would place its holdings among the top three largest Bitcoin treasuries globally, while offering loan interest rates secured by Bitcoin collateral ranging from 9 to 13 percent.
- Twenty One aims to build a new market focused on Bitcoin adoption and treasury management, with CEO Jack Mallers emphasizing Bitcoin's risks and potential as a financial opportunity.
26 Articles
26 Articles
Tether starts with the transfer of Bitcoin to the Twenty One Capital wallets – and pays hardly any fees. Source: BTC-ECHO BTC-ECHO
Tether and Bitfinex Transfer 25,812.22 BTC, Valued at $2.7 Billion, To Twenty One Capital
Tether and Bitfinex transferred a combined 25,812.22 BTC, valued at approximately $2.7 billion, to Twenty One Capital. This transfer was part of the pre-funding for Twenty One Capital’s equity raise and its strategy to build a significant Bitcoin treasury, aiming for 420,000 BTC to become the third-largest corporate Bitcoin holder. The breakdown includes Tether moving […] The post Tether and Bitfinex Transfer 25,812.22 BTC, Valued at $2.7 Billio…
Twenty One Capital Takes Shape as $3.9B in Bitcoin Transfers Confirmed
Twenty One Capital is becoming a reality as blockchain records and public statements confirm that 37,229.69 BTC—worth approximately $3.9 billion—has been transferred so far to fund the venture. The transactions, publicly posted on X (formerly Twitter) by Tether CEO Paolo Ardoino, have fueled excitement across the crypto community. The company plans to accumulate over 42,000 BTC, positioning itself as the third-largest corporate holder of Bitcoin…
Tether moves $3.9B in Bitcoin to a new company! Tether, a giant in the cryptocurrency world, has made a strategic move by transferring $3.9 billion in Bitcoin to Twenty One Capital. This great movement not only aims to strengthen its position, but also puts at the center of attention the ambitious investment plans in the digital economy. The strategy behind the movement With this move, Tether seeks to expand its influence in the cryptocurrency s…
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