Tether-Backed Twenty One Capital Raises More Cash for BTC Treasury
Tether-backed Twenty One Capital raises $100M in new funding, boosting its Bitcoin treasury efforts with $3.6 billion in assets.
What’s the Scoop?
- Additional Funding: Twenty One Capital raised $100 million through a second convertible note sale, bringing its total funding to $685 million.
- Backed by Big Names: Major players Tether, SoftBank, and Cantor Fitzgerald are backing the Bitcoin treasury firm.
- Significant Holdings: The firm's Bitcoin holdings include $3.6 billion worth of contributions from its backers.