News
Tether-Backed Twenty One Capital Raises More Cash for BTC Treasury
The high-profile Bitcoin Treasury Company now has $685M in its coffers.
May 29, 2025
•
1 min read
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.
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.