Close Menu
Cryprovideos
    What's Hot

    French Exoskeleton Firm Wandercraft Pivots to Humanoid Robots – Decrypt

    June 7, 2025

    ETF issuers pen letter urging SEC return to ‘first-to-file’ approvals

    June 7, 2025

    Web3 ai’s $777K Giveaway Might Spark a 1000x Rally! Ethereum Eyes $3,600 & PEPE Faces 15% Drop

    June 7, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Bitcoin»Twenty One Capital Receives 37,000 BTC in Pre-Funding – Bitbo
    Twenty One Capital Receives 37,000 BTC in Pre-Funding – Bitbo
    Bitcoin

    Twenty One Capital Receives 37,000 BTC in Pre-Funding – Bitbo

    By Crypto EditorJune 4, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Twenty One Capital Receives 37,000 BTC in Pre-Funding – Bitbo

    Key Takeaways

    • Tether and Bitfinex have moved 37,229 BTC to Twenty One Capital.
    • The brand new agency will commerce underneath ticker XXI after a SPAC merger with Cantor Fairness Companions.
    • Twenty One Capital is ready to grow to be the second-largest company Bitcoin holder.

    In one of many largest Bitcoin transactions thus far, digital treasury agency Twenty One Capital has acquired 37,229.69 BTC—value roughly $3.9 billion—from Tether, Bitfinex, and different backers.

    Announcement & transparency

    Introduced by Tether CEO Paolo Ardoino through posts on X, the transfers are a part of a pre-funding spherical for the launch of the Jack Mallers-led firm.

    Mallers, who additionally heads Strike, stated the brand new agency goals to function with full transparency by means of on-chain proof-of-reserves.

    Ardoino wrote:

    Tether Group is transferring 10,500 BTC to handle… as a part of the pre-funding of SoftBank’s funding in Twenty One Capital (XXI).

    Particulars of the funding

    Funding included:

    • 10,500 BTC from Tether on behalf of SoftBank
    • 19,729.69 BTC from Tether
    • 7,000 BTC from Bitfinex

    Public providing and market influence

    Twenty One Capital will go public through a SPAC merger with Cantor Fairness Companions, buying and selling underneath the ticker XXI.

    Following the announcement, CEP’s inventory surged from $11 to $59.75.

    Company Bitcoin holdings

    The agency has already confirmed 31,500 BTC in public pockets addresses, putting it behind solely Technique and Marathon Digital Holdings.

    As soon as the most recent transfers are absolutely verified, it is going to surpass Marathon because the second-largest company Bitcoin holder globally.

    New valuation metrics

    Mallers launched new valuation metrics equivalent to Bitcoin Per Share (BPS) and Bitcoin Return Charge (BRR) and stated worth will ultimately be measured in satoshis, not fiat.

    Dedication to transparency

    The agency’s open-ledger coverage, dubbed “Bitcoin Treasury Transparency (BTT),” is a direct response to latest monetary scandals.

    Mallers stated:

    Openness is the one strategy to construct long-term belief in a bitcoin-native monetary system.

    Bitbo Dashboard → / Authentic Article

    Get extra information like this

    Twice-weekly Bitcoin-only publication by Bitbo.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Greatest Crypto Presale to Purchase: Bitcoin Hyper ICO Surges to $685K as First Bitcoin Layer 2 Launches on Ethereum

    June 7, 2025

    Bitcoin (BTC) Worth Prediction for June 7

    June 7, 2025

    Are We Witnessing the Last Bitcoin Cycle as We Know It?

    June 7, 2025

    Bitcoin Golden Cross Sample Says The Crash To $100,000 Is Regular – What To Count on Subsequent

    June 7, 2025
    Latest Posts

    Greatest Crypto Presale to Purchase: Bitcoin Hyper ICO Surges to $685K as First Bitcoin Layer 2 Launches on Ethereum

    June 7, 2025

    Bitcoin (BTC) Worth Prediction for June 7

    June 7, 2025

    Are We Witnessing the Last Bitcoin Cycle as We Know It?

    June 7, 2025

    Bitcoin Golden Cross Sample Says The Crash To $100,000 Is Regular – What To Count on Subsequent

    June 7, 2025

    Is a Bitcoin value rally to $150K attainable by yr's finish?

    June 7, 2025

    The most effective DOGE and BTC cloud mining platform in 2025, simply earn $16,777 a day

    June 7, 2025

    Bitcoin Holds Above $100K, However Analyst Sees Bother Brewing

    June 7, 2025

    Pepe Worth Prediction: $PEPE Declines as Bitcoin Hyper Emerges as a Prime Presale Decide

    June 7, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Senate Confirms Crypto-Pleasant Paul Atkins as Gensler's SEC Successor – Decrypt

    April 10, 2025

    High Altcoins For Crypto Bull Run: Put together Your Crypto Portfolio For 500x Returns With These 5 Picks

    December 30, 2024

    Solana Memecoin Rips 1,603% in November As Binance Pronounces Suprise Help – The Every day Hodl

    November 19, 2024

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.