Tether has added more than $ 3 billion in Bitcoin to support the launch and prior financing of the capital.
According to the CEO Paolo Ardoino, Tether has converted 10500 BTC, approximately $ 1.1 billion, into a title associated with the Japanese giant Softbank as part of its upcoming investments in twenty -one capital.
Tether Group 10500 BTC move to treat BC1QPzt4M58zgggp84ktyuj5tz8g8k8ssg2D5eerwhx4gxulQuq5mqzm5GC as part of pre -financing for soft bank investments in twenty -one (xxi)
Mempool.space/address/bc1qpz__
At one time, separate transfer to 917 BTCAnd estimated at about $ 96 million, it was also presented on a address linked to the transfer capable stock investors in a twenty -one capital.
Erdino indicated that this allocation was provided to support investor options in the project.
Earlier, on June 2, Tether and its subsidiaries carried out a joint transfer of 25,812 BTC, amounted to approximately $ 2.7 billion.
That tour included 14000 BTC from Tether and 7000 BTC from Bitfinex, and part 4,812 BTC is intended for stock increase.
Along with the latest transactions, the TWENTY One Capital is now more than 42000 BTC, making it the third largest Bitcoin Corporate in the world, behind the previous Microstrategy and Mara Holdings.
The latest disclosure depends on a previous investment made on May 9, when Tether acquired 4,812 BTC at an average price of $ 95319 per code.
According to submitting a file with the American Securities and Exchange Committee, these metal currencies were transferred to a warrant, and the Ministry of Capital was raised in twenty -one to 36312 BTC at that time.
What is the twenty -first capital?
Tether, along with BitFinex and Softbank, participated in the establishment of capital in twenty -one years in April 2025, where it was created as an institutional platform by Bitcoin designed to facilitate the capital market services on Bitcoin, including nursery, conjugation and asset issuance.
Twenty One Capital plans to build an original infrastructure for custody, lending and capital markets directly on Bitcoin, thus working as a basic layer for BTC’s institutional adoption.
Strike Jack Mallers CEO is leading the project because he plans for the public by integrating SPAC with Cantor Fitzgerd’s Cantor Equity Partners.
Under the terms of the business group agreement, Tether agreed to contribute to Bitcoin equivalent to pipelines, to be sold to one capital at the time of closing of the integration.
The new entity will be included on the Nasdak Stock Exchange under the “XXI” index for the first time with more than 42000 BTC in the Treasury Department.
As part of its commitment, Tether will add 23,950 BTC, while Softbank and BitFinex will contribute to 10500 BTC and 7000 BTC, respectively.
All allocations will be converted into shares at $ 10 each. Cantor Fitzgerland also offers the deal and secures additional capital.
According to Mallers, at launch, Twenty One Capital will become an investment vehicle “built by Bitcoiners, for bitcoin”, aimed at becoming Bitcoin the most successful in Bitcoin.
Unlike the traditional approach, the company will focus on the “bitcoin per share” as a basic performance scale, and away from traditional measures such as profits or revenue growth.
Instead, its success will be measured by the amount of Bitcoin that it keeps for its distinguished shares.
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