Twenty One Capital Acquires 4,812 Bitcoin with Tether Partnership

- Highlighted Bitcoin acquisition involving Twenty One Capital and Tether.
- The firm secured 4,812 BTC.
- This positions them among top BTC holders.
Twenty One Capital recently expanded its Bitcoin portfolio by securing 4,812 BTC. The acquisition, valued at $458.7 million, was executed through a partnership with Tether . This marks a bold move in the company’s strategic growth.
“We want to be the ultimate vehicle for the capital markets to participate in Bitcoin… building on top of Bitcoin. So we are a Bitcoin business at our core. It’s our founding, it’s in our name, it’s on our board, it’s at our leadership.” — Jack Mallers, CEO of Twenty One Capital
Institutional interest in Bitcoin is further validated by these actions, affecting market dynamics . Liquidation channels are expected to experience increased activity as institutional stakeholders participate, impacting both spot and futures BTC markets.
The strategic move by Twenty One Capital may lead to alterations in Bitcoin’s total value locked (TVL). It signifies a shift in corporate treasury strategies towards digital currencies, influencing financial frameworks and investment paradigms.
With Bitcoin acquiring heightened status as a corporate asset, similar interventions are anticipated among firms. Institutional influence in cryptocurrency markets is growing, promoting mainstream acceptance and stability for digital assets.
The alignment with Tether for acquisition augments Bitcoin’s adoption within capital markets. By holding a notable Bitcoin stake, Twenty One Capital aims to influence financial strategies while capitalizing on historical trends observed in cryptocurrency price movements.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New spot margin trading pair — HOLO/USDT!
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn
- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

OPEN has dropped by 189.51% within 24 hours during a significant market pullback
- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

New spot margin trading pair — LINEA/USDT!
Trending news
MoreCrypto prices
More








