Twenty One Capital, Inc. has revealed that it’s going to obtain an extra 5,800 Bitcoin from Tether upon finishing its merger with Cantor Fairness Companions (Nasdaq: CEP), boosting its whole Bitcoin reserves to over 43,500 Bitcoin.
This transfer will place the agency because the third-largest company Bitcoin holder worldwide.
The agency disclosed that its Bitcoin was acquired at a mean worth of $87,280.37 per coin.
As soon as public, its inventory will commerce below the ticker XXI, with every share representing roughly 12,559 satoshis.
The corporate plans to interchange conventional earnings-per-share (EPS) with a brand new metric: Bitcoin Per Share (BPS), permitting efficiency to be evaluated in Bitcoin phrases.
“We imagine Bitcoin deserves a public firm worthy of its ethos,” mentioned CEO and co-founder Jack Mallers.
He emphasised the corporate’s dedication to constructing a clear, Bitcoin-native construction and expressed confidence within the crew’s means to reshape finance: “We’re not right here to beat the present system, we’re right here to construct a brand new one.”
All Bitcoin will likely be saved transparently on-chain, supported by real-time Proof of Reserves. The corporate goals to supply traders publicity to Bitcoin with out conventional debt danger.
“Bitcoin represents greater than only a monetary asset, it’s a foundational protocol for freedom, transparency, and resilience,” mentioned Paolo Ardoino, CEO of Tether, highlighting Twenty One’s mission as aligned with Bitcoin’s core rules.
He added that the corporate “breaks from legacy monetary conventions” and “factors towards a future the place worth is actually sovereign.”
Possession of the newly mixed entity will likely be led by Tether and Bitfinex as majority stakeholders, with SoftBank taking part as a key minority investor.
Further fairness will likely be held by PIPE contributors, CEP’s public shareholders, and Cantor Fitzgerald.
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