Twenty One Capital has announced an increase in its Bitcoin treasury to 43,500 BTC, valued at approximately $5.1 billion, following the acquisition of around 5,800 BTC from Tether. This positions the firm as potentially the third-largest corporate Bitcoin holder. Formed through a collaboration with Tether, Bitfinex, Cantor Fitzgerald, and SoftBank, Twenty One aims to reshape the financial landscape. CEO Jack Mallers expressed confidence in their team's capabilities, stating, "We feel like we can do anything, and we’re just getting started." The company plans to launch via a SPAC merger with Cantor Equity Partners, trading under the ticker XXI on Nasdaq. This move aligns with a growing trend among firms focusing on Bitcoin accumulation, allowing traditional investors to gain exposure through publicly traded shares. With this treasury, Twenty One will surpass all corporate holders except for Strategy and Bitcoin miner MARA Holdings. Mallers emphasized their mission to build a new financial system rather than compete with the existing one. Read more AI-generated news on: https://app.chaingpt.org/news

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