💼 Tether Transfers $2.7 Billion in Bitcoin to Twenty One Capital
🚨 Big Transaction Alert: Tether CEO Paolo Ardoino has confirmed a major Bitcoin (BTC) transfer involving 25,812 BTC — worth approximately $2.7 billion at a market price of $105,000 per coin — sent to the wallet of investment giant Twenty One Capital.
🔍 Why It Matters: Ardoino disclosed the move publicly on X (formerly Twitter), calling it an effort to boost Bitcoin Treasury Transparency — or simply “BTT.” The goal: to reinforce Tether’s commitment to Bitcoin as a strategic reserve asset.
> "BTT = Bitcoin Treasury Transparency," he posted.
📊 Growing Holdings: As a result of the transaction, Twenty One Capital’s Bitcoin holdings surged from 36,312 BTC to 62,124 BTC, making it the third-largest known corporate holder of Bitcoin, trailing only Michael Saylor’s Strategy and one other.
🌐 Institutional Impact: This massive allocation strengthens the narrative of institutional adoption and positions Tether and Twenty One Capital as serious players in Bitcoin’s evolving financial ecosystem.