💰 Cantor, SoftBank and Tether Take the Game to the Next Level: Launch $3.6 Billion Bitcoin Initiative 🚀
Attention to this massive move! 🔥 Brandon Lutnick, son of the U.S. Secretary of Commerce, alongside SoftBank, Tether and Bitfinex, launch Twenty One Capital: a $3.6 billion initiative aimed at acquiring Bitcoin.
With an epic start of 42,000 BTC, Twenty One Capital will become the third largest Bitcoin reserve in the world. Inspired by MicroStrategy's strategy, the project has $1.5 billion in BTC from Tether and additional support from SoftBank. Moreover, they will raise $385 million in a convertible bond and $200 million in private placements.
🚀 The result: Cantor Equity Partners' shares have already risen 24% and Jack Mallers (from Strike) will lead this revolutionary new venture.
This strategic move reflects the growing institutional appetite for Bitcoin and solidifies the pro-crypto trend driven by the current U.S. administration. 🌎💥
🔑 Institutional dominance in Bitcoin is just beginning!