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Twenty One acquires 4,812 Bitcoins at an average price of $9,530,000.

2025.05.14 04:32:23

On May 14th, a publicly traded company centered around Bitcoin announced the purchase of 4,812 BTC ($4.587 billion) through TETHER. The average price was $95,300. Investment firm Cantor Equity Partners had previously announced plans to establish "Twenty One" through a SPAC merger. This will result in a Bitcoin-centric publicly traded company with an initial reserve of over 42,000 BTC. At current prices, this is valued at over $3.9 billion, with funding support from Tether, Bitfinex, and investment firms Cantor Fitzgerald and SoftBank Group. Led by Brandon Lutnick, the son of the US Secretary of Commerce, the company not only plans to accumulate Bitcoin (enabling investors to gain exposure without directly holding the asset) but also will offer Bitcoin-related financial services and create a cryptocurrency content and media platform.
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