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    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
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    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.



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