Bitcoin treasury Twenty One Capital has significantly increased its holdings by adding 5,800 Bitcoin from Tether, bringing its total to 43,500 Bitcoins, valued at approximately $5.1 billion. The company, originated from a collaboration between Tether, Bitfinex, Cantor Fitzgerald, and SoftBank, is set to become the third largest corporate holder of Bitcoin. CEO Jack Mallers expressed confidence in their ability to reshape the global financial system, emphasizing that Twenty One is not there to disrupt but to innovate. The company plans to launch through a merger with Cantor Equity Partners, trading under the ticker XXI. The strategic partnership of traditional financial giants with crypto companies positions Twenty One to attract traditional investors seeking exposure to cryptocurrency through publicly traded shares. With this expansion, the firm positions itself among key players in the cryptocurrency landscape.

Source 🔗