Twenty One Capital Reveals BTC Reserve Details: About 23,950 BTC from Tether and 10,500 BTC from SoftBank
2025-04-24 05:17:06
In an investor note filed with the Securities Exchange Commission, Twenty One Capital, a bitcoin company controlled by Tether and Bitfinex, disclosed that it will launch with more than 42,000 BTC reserve holdings, of which about 23,950 BTC are from Tether, 10,500 BTC from SoftBank, and 7,000 BTC from Bitfinex, which intends to convert bitcoin reserves into equity at $10 per share. Twenty One also said that they may be a "superior investment vehicle" for investors looking for capital-efficient bitcoin investments compared to the business model of Strategy (formerly MicroStrategy).
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