According to the data on the chain, the cryfinex currency exchange has moved 7000 Bitcoins to the capital twenty -one years, at a value of $ 731 million. Moreover, at Tether as well transfer 18,812 Bitcoins to Twenty One Capital, which is currently about $ 2 billion.
Twenty One Capital is a noisy company in Bitcoin, which is scheduled to be shown to the public through commercial cooperation with Cantor Equity Partners.
The cryptocurrency market passes through the turmoil due to the increase in tensions between Russia and Ukraine after Ukraine launched a deadly attack on Russian air boats, claiming that it had destroyed 40 aircraft.
At the time of writing this report, the cryptocurrency fell to less than $ 104,000 with 1.94 % diving.
BitFinex and Tether raise support for the Crypto Jack Mallers project
According to some market experts, this deal appears to be a strong institutional signal, which is likely to avoid otc to slip and long -term reserves.
To maintain transparency and credibility, Jacques Malars also announced evidence of the company’s reserve, which will allow people to check the cabinet holdings in Bitcoin.
This huge conversion comes after Twenty One Capital decided to go to purchase an additional $ 100 million from the convertible guaranteed notes. This step will strengthen the total financing of Bitcoin Treasury Company to $ 585 million.
“The markets need reliable funds to measure value and allocate capital efficiently,” said Jack Malars, co -founder and CEO of Twenty One. “We believe that Bitcoin is the answer, and the twenty -one event is how to bring this answer to public markets. Our mission is simple: to become the most successful company in Bitcoin, which is the most valuable financial opportunity of our time. We are not here to overcome the market, we are here to build a new one. Public shares, built by Bitcoiners.”
“Bitcoin is one of the only, unrealistic, non -changing, controlling control, and its role as a basis for a new financial system,” said Paulo Erdino, CEO of Tether. “With a Jack on top, we are proud to support this effort to increase Bitcoin’s dependence and enhance its role as the final store.
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