Tether and Bitfinex Move 25,812 Bitcoin to Twenty One Capital
The post Tether and Bitfinex Move 25,812 Bitcoin to Twenty One Capital appeared on BitcoinEthereumNews.com.
Tether Group and Bitfinex, a popular cryptocurrency exchange, have recently transferred $2.7B worth of 25,812.22 BTC to Twenty One Capital. As the two are the investment supporters of this newly launched Bitcoin-native company, this BTC move was made in correspondence with the collaboration. Twenty One Capital Bitcoin Stockpile News: Tether & Bitfinex Contribute 25,812 BTC Twenty One Capital is a Bitcoin Treasury firm that is going public via a SPACE merger and will trade with a “XX!” ticker. They are working on creating a 420,000 BTC stockpile to become the 3rd largest corporate Bitcoin holder in the world. The 25,814 BTC moved by Tether and Bitfinex is for the same purpose on Monday. The former has made two separate transactions, one carrying 14,000 BTC and another 4812.22 BTC to another wallet address. Bitfinex also sent 7,000 BTC; collectively, these will play a part in the pre-funding round for an equity raise. Twenty One Capital Fundings and CEO Jack Mallers’ Plans The stockpile plan is inspired by Michael Saylor’s MicroStrategy’s Bitcoin buying using corporate debt. Nearly a month ago, the Bitcoin Treasury firm announced its plans to raise $685M. The breakdown included convertible senior secured notes ($385M), PIPE Financing ($200M), and an additional $100M in new convertible notes. Jack Mallers, the CEO of Twenty One Capital Fundings, has recently joined the Bitcoin 2025 Conference and declared that Bitcoin is the solution. More importantly, he added that it is their mission to become the most successful Bitcoin holding company. “Bitcoin is money that we consider to be something that nobody can print. You can’t print, you can’t debase my time and energy, you cannot deprive me of owning assets, of getting out of debt, of living sovereignly, and protecting my future, my family, and my prized possessions. Bitcoin is what we invented…
Filed under: News - @ June 3, 2025 9:25 am