$BTC
Shock!
This new company splurged 458.7 million dollars to acquire 4,812 units of $BTC !
According to reports, a Bitcoin listed company called TWENTY ONE made big news—directly shelling out 458.7 million dollars to buy 4,812 Bitcoins from TETHER, with an average price of 95,300 dollars per coin! This move is simply extravagant!
In fact, TWENTY ONE is a new company that the investment firm Cantor Equity Partners is preparing to establish through a SPAC merger, aiming to become the “leader” in the Bitcoin world. Even before it officially launched, its Bitcoin reserves already exceeded 42,000 units, valued at over 3.9 billion dollars based on current market prices! Moreover, it has backing from major players, including Tether, Bitfinex, Cantor Fitzgerald investment firm, and even SoftBank Group has contributed funds.
The company’s leader is Brandon Lutnick, the son of the U.S. Secretary of Commerce, and he has big ambitions. Not only does he plan to hoard Bitcoins crazily, allowing investors to share in the profits without having to buy coins themselves, but he also intends to develop Bitcoin financial services and even build a cryptocurrency content and media platform. With such a grand plan, the future Bitcoin market is likely to be turned upside down! Friends in the crypto world, what do you think of this move?
