Tether’s $459M Bitcoin Investment in Twenty One Capital
- Tether invested $459 million in Bitcoin for the Twenty One Capital fund.
- The fund now holds a total of 36,312 BTC.
- Partnerships include Cantor Fitzgerald, SoftBank, and Bitfinex.
- The fund plans to go public via a SPAC merger with Cantor Equity Partners.
- Tether acquired 4,812 BTC at an average price of $95,319 per unit.
Tether’s investment of $459 million in Bitcoin has increased the Twenty One Capital fund’s holdings to 36,312 BTC. The fund aims for public listing through a SPAC merger with Cantor Equity Partners.
Source (2.6)https://hodl.press/tether-acquires-459m-in-bitcoin-for-twenty-one-capital/?rand=24434
