📢 BREAKING NEWS IN THE CRYPTO WORLD! 🚀
Twenty One Capital, Fully Backed by Tether, Increases Bitcoin Holdings to $5.15 Billion!
Bitcoin treasury company, Twenty One Capital Inc., supported by major players like Tether Holdings SA, Cantor Fitzgerald LP, and SoftBank Group, has just announced a significant increase in their Bitcoin holdings, now reaching 43,500 BTC or approximately $5.15 billion! This figure far exceeds their initial projections from April!
Twenty One CEO and Co-founder, Jack Mallers, stated that this move is inspired by Michael Saylor's successful strategy and solidifies Twenty One's position as a key player in the global Bitcoin financial industry.
"We believe we can penetrate the fixed income market similar to what Strategy has done," said Mallers.
With majority backing from Tether and Bitfinex, and minority support from SoftBank, Twenty One Capital is considered a strategic entity that integrates capital strength, stablecoin technology, and crypto financial services. This is a massive step for the industry!
Twenty One Capital is now the third largest corporate Bitcoin holder after Strategy and MARA Holdings Inc. They added another 5,800 BTC, including an additional 1,500 BTC from Tether!
The company was formed with an initial capital of $4 million and is currently undergoing an IPO process projected to be completed in the third quarter of 2025.