StabeCoin Issue Teder bought a bitcoin worth $ 458.7 million for twenty -$ 458.7 million, a bitcoin investment firm is supported by a special purpose acquisition company (SPAC) with the canter equity partners.
Tather snatched 4,812.2 bitcoin (BTC) $ 95,319 on each and Transferred This is for an Escro wallet on 9 May, Cantor Equity Partners exposure Filing with the US Securities and Exchange Commission on 13 May.
It brings a total bitcoin holdings of twenty forests for 36,312 BTC, as the canter holds 31,500 BTCs from the equity partners firm, which will trade under Tikar XXI after the completion of SPAC merger.
Twenty One CEO, Jack Molers, Said On 13 May that they are already in the process of merger, but did not give accurate estimates on completion of the transaction.
Twenty -one is already the third largest corporate bitcoin holder, which only gives a strategy and bitcoin mining firm Mara Holdings to 568,840 bitcoins and 48,237 on bitcoins, respectively, Bitcointeraris. data Show.
The Teder is a majority stake with the Crypto Exchange Bitfinex. Wall Street Heavyweight Cantor is sponsoring fitzerld merger, providing financial advisory services and achieving $ 585 million in funding to support Twenty One Bitcoin investments.
Japanese investment holding firm SoftBank also invested $ 900 million in twenty -one, headed by Strike CEO Jack Molers.
Strategy may be a valid competitor
Twenty-one said in an April 1 performance to SEC, which is pressing Michael Syrir’s strategy, in the past, to become a “better vehicle” for investors seeking the microstrate, “capital-skilled bitcoin exposure”.
The company is one of the many bitcoin buying firms, but promises to be a “pure game” for investors seeking bitcoin exposure with bitcoin-origin operations and increases greater flexibility for strategic capital.
Twenty -one said that its main success will be bitcoin per share and not traditional income per share, as it would prioritize buying bitcoins when it earns.
Connected: Napatoto holdings merge with kindlemd to create bitcoin treasury
The target is to reach twenty -one 42,000 bitcoins until it is launched. Earlier filing revealed that 23,950 bitcoins are expected to come from Tether, 10,500 bitcoins from Softbank and about 7,000 bitcoins from bitfinex, which will be converted to $ 10 per share in equity.
The price of the Cantor Equity Partners (CEP) share increased from $ 10.65 to $ 59.73 on 2 May, but since then $ 29.84, has returned to Google Finance data Show. CEP increased by another 5.2% in the recent hours after CEP.
magazine: Crypto wanted to overthrow banks, now it is making them in Stabecoin fight
