Home CryptocurrencyTether supported twenty -one added 5,800 BTC to planned listing

Tether supported twenty -one added 5,800 BTC to planned listing

by Hammad khalil
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Twenty One Capital, Inc.

Summary

  • A new bitcoin-country company twenty-one capital, will add 5,800 bitcoins to its holdings.
  • Additional BTC will bring the company’s total holdings to 43,500 BTC and make one of the largest corporate holders of BTC.
  • Tether supported company

An annual, twenty -one stated that it experts an Urdu 5,800 bitcoin (BTC) from Stabecoin legendary Tather, coming ahead with a twenty one public publicity.

The Bitcoin-centered company, which was launched in April with support from Tether and bitfinex among other firms, will promote its BTC holdings up to 43,500. Additional BTC, according to the description in the press release, relays for the already existing obligation of Stabelcoin issuer for 1,381 bitcoin purification by Tithar and 4,422 BTC.

Eyes on global financial system

Amid the growing trend of bitcoin treasury companies, its BTC will one capital of a capital of thunder-big between the corporate holders of bitcoin for its coffeers, in addition to $ 600 million in its BTC.

The standard among the corporate bitcoin Treasury is Michael Siler’s strategy.

While away from the heights away from the heights, twenty -one bids to cement their possession as a wall street listing. The total holding of the new company comes at an average cost of $ 87,280.37 per token.

But what is the target of twenty -one?

Jack Molers, the co-founder and chief executive officer of Twenty One, is the goal of “reopening the global financial system”.

“We believe that bitcoins are entitled to a public company worthy of its ethos. Twenty -one is a new type of public company: manufactured on bitcoin, supported with evidence, and a vision to reopen the global financial system. A new construction is inspired to reopen. A new construction,” Malars said.

Twenty-one capital announcing a business combination with the Nasdaq-list special-based company Cantor Equity Partners in April. The SPAC deal with the canter fitzerld affiliate saw the owners of the tether and the Bitfinex Becale majority, which the SoftBank group is a minority stake.

The conclusion of the trade combination is pending custom closing position and approval from CEP shareholders. On listing, each of the shares of twenty one will represent approximately 12,559 sets.

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