Twenty One Capital officially joins the race to acquire $BTC

🧾 Detailed information about the transaction

Transaction date: 22/4/2025

Amount of BTC purchased: 4,812.2 BTC

Average price: 95,319.83 USD/BTC

Total transaction value: 458.7 million USD

Executed by: Tether, under the PIPE (Private Investment in Public Equity) agreement

Transfer: This amount of BTC will be transferred from the wallet held by #Tether to Twenty One Capital after the merger with Cantor Equity Partners is completed

🏦 Current position of #TwentyOneCapital

With this transaction, Twenty One Capital currently owns a total of over 42,000 BTC, making the company the third-largest publicly listed organization holding Bitcoin in the world, only after Strategy (formerly #MicroStrategy ) and MARA Holdings

🔍 Strategy and goals

Operating model: Twenty One Capital is designed as a "Bitcoin-native" company, focusing on accumulating and holding Bitcoin as a primary asset.

Long-term goal: To become an effective investment vehicle for investors looking to access Bitcoin through the capital markets, with performance metrics such as "Bitcoin Per Share" (BPS) and "Bitcoin Return Rate" (BRR)

📈 Market impact

The entry of Twenty One Capital into the Bitcoin market on a large scale has contributed to enhancing institutional investors' confidence in this digital asset. However, some experts also warn of the potential risks as the company's business model heavily relies on the price volatility of #Bitcoin and a complex financial structure.