Here's a fresh take on the news about Tether buying Bitcoin for Twenty One Capital:
Tether Acquires $459 Million Worth of Bitcoin for Fresh Treasury Venture, 21 Capital
A Massive Bitcoin Purchase Shakes the Crypto World
Cantor Equity Partners, in a recent SEC filing, announced that Tether bought a mind-blowing 4,812 Bitcoin for a colossal $458.7 million, averaging around $95,320 per BTC. This purchase was made for Jack Mallers' new Bitcoin treasury company, Twenty One Capital.
Twenty One Capital, unveiled in April, is a joint venture between Tether, Bitfinex, Cantor Fitzgerald, and SoftBank Group, aiming to go public via a SPAC merger with Cantor Equity Partners. Once complete, the company will trade on the Nasdaq under the ticker XXI.
Twenty One Capital's Bitcoin Stockpile
Twenty One Capital plans to launch with an staggering treasure trove of over 42,000 BTC, valued at around $4.4 billion. Tether and Bitfinex will maintain majority ownership, while SoftBank will hold a miniscule stake.
Under the leadership of incoming CEO Jack Mallers, who also heads Bitcoin payments firm Strike, the venture plans to raise an impressive $600 million through convertible notes and private-equity investments. Their goals include providing Bitcoin lending services and other financial products.
This massive Bitcoin acquisition comes swiftly after Tether reported over $1 billion in revenue during the first quarter. Furthermore, Tether joins the ranks of other large companies aggressively accumulating Bitcoin this month.
Corporations Vs. Retail: The Battle for Bitcoin
According to Bitcoin investment firm River, corporations are currently outpacing exchange-traded products, governments, and even individual investors in terms of overall Bitcoin accumulation growth in 2025.
River noted that corporate Bitcoin holdings have grown an impressive 157,000 BTC thus far in 2025, equating to over $16 billion at today's prices. Last month, Bitwise reported that at least twelve public companies bought Bitcoin for the first time in Q1 2025, and the amount of BTC held by publicly traded companies rose by 16% for the period.
Over the weekend, CryptoQuant CEO Ki Young Ju stated that companies like Strategy have effectively turned Bitcoin into a deflationary asset, as they're buying faster than total miner output, resulting in a -2.3% annual deflation rate for Bitcoin.
How this shift in corporate interest towards Bitcoin treasuries will impact the broader market remains to be seen. As more companies invest in Bitcoin, we can expect to witness interesting developments in the crypto world. Stay tuned for updates!
- Driven by a surge in corporate interests, investing in Bitcoin continues to reshape the landscape of finance, with Tether's recent acquisition of 4,812 Bitcoin for $458.7 million demonstrating the impact of such investments on crypto trading and technology.
- The emerging corporate Bitcoin trend is intensifying, as reported by figures like Ki Young Ju, with companies like Strategy and Twenty One Capital transforming Bitcoin into a deflationary asset by buying faster than total miner output.
- Amidst this corporate aggression in accumulating Bitcoin, Twenty One Capital, a joint venture between Tether, Bitfinex, Cantor Fitzgerald, and SoftBank Group, stands out with its ambitious plans to launch with over 42,000 BTC and raise $600 million for Bitcoin lending services and other financial products, solidifying its position in the world of blockchain and finance.
