#BTCvsMarkets n bridge, currently recording an increase of 56.38% after announcing the plan to launch a Bitcoin Treasury worth 3 billion USD. This is being done together with Tether, SoftBank, and Bitfinex to buy back Bitcoin with a target price of about 85,000 USD each.
The new venture named Twenty One Capital will start with over 42,000 BTC, making it the third-largest corporate Bitcoin treasury in the world. This strategy mimics the success of Strategy, which currently holds over 538,200 BTC with a market capitalization of about 91 billion USD.