Tether-Backed Capital Raises $100M for Bitcoin Treasury
- Lyla Velez
- May 29, 2025
- About
- 0 Comments
Key Points:
- Tether-backed Twenty One Capital raises $100 million for Bitcoin.
- Effort boosts total funding to $685 million.
- Aims for top three in global Bitcoin holdings.
Twenty One Capital has secured $100 million in new funding to expand its Bitcoin treasury operations, enhancing its presence in the cryptocurrency sector.
Twenty One Capital and Tether’s Strategic Investment
Twenty One Capital, founded by Jack Mallers, recently secured an additional $100 million through a convertible note sale. The company, supported by Tether and Bitfinex, plans to enhance its Bitcoin treasury holdings significantly.
Twenty One Capital now boasts total funding of $685 million, with new plans to acquire over 42,000 BTC. This positions the company as a major competitor in the Bitcoin treasury space alongside key industry players.
The recent funding will likely impact both the cryptocurrency market and institutional investment trends. With a strong focus on Bitcoin, the company supports long-term value through strategic accumulation.
Analysts suggest the move may influence other corporations to integrate Bitcoin into their treasury strategies. As Bitcoin becomes a central element of corporate finance, additional firms might consider similar treasury management approaches based on this substantial institutional commitment.
Looking ahead, Twenty One Capital could reshape financial markets as they advance Bitcoin-aligned financial products. The company’s focus aligns with broader industry movements toward integrating digital assets into traditional economic systems.
“Built by Bitcoiners, for Bitcoiners,” said Jack Mallers, CEO of Twenty One Capital, as he lays out the vision for developing Bitcoin-native financial products including lending tools and capital market offerings.
| Disclaimer: The content on nftenex.com is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions. |
