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Twenty One will further increase, holding over 43,500 Bitcoins will be listed for trading under "XXI"
The American Bitcoin company Twenty One Capital, directly invested in by the world's largest stablecoin issuer Tether with Bitcoin, announced that it has obtained approximately 5,800 Bitcoins from Tether before going public, bringing its total holdings to over 43,500 Bitcoins, with an average cost of $87,280.37 per Bitcoin. Twenty One has secretly submitted an S-4 registration statement draft to the SEC, and will trade under the ticker symbol "XXI" after the business merger is completed.
( directly invested in Twenty One with Bitcoin, the ambition and blueprint behind Tether ).
Twenty One is adding more, holding over 43,500 Bitcoins.
Twenty One announced five wallet addresses in early June, declaring that the company's Bitcoin reserves proof (Proof of Reserves) is now online, holding a total of 37,229 Bitcoins, including
Softbank ( bought 10,500 Bitcoins through Tether.
4,812.22029710 Bitcoins from private investors ) raised through private investment and convertible bonds for five hundred million dollars (
The convertible bond investors' 917.47360612 Bitcoins ) raised an additional one hundred million dollars at the end of May (.
Tether directly transferred 14,000 Bitcoins
Transfer 7,000 Bitcoins directly from Bitfinex
Now announcing an additional 5,800 Bitcoins, in addition to the previously promised 4,422 Bitcoins, and the 1,381 Bitcoins from the additional subscription agreement reached on 6/19, will bring the company's Bitcoin total to 43,514, with an average cost of $87,280.37, firmly securing the third position in the list of publicly traded companies holding coins, second only to MicroStrategy and MARA holdings.
However, according to its real-time reserve proof, after transferring 4,732 Bitcoins 10 hours ago, the total holding amount reached 43,343 Bitcoins, and it seems that some transactions are still pending.
Tether dominates, and after the merger, it will be traded as XXI.
The American Bitcoin company Twenty One is going public through a merger with Cantor Fitzgerald's special purpose acquisition company )SPAC( Cantor Equity Partners, ticker symbol CEP), with Strike founder Jack Mallers serving as CEO. The backing shareholders include Tether, Softbank Group (Softbank), and exchanges Bitfinex and Cantor Fitzgerald.
Tether and Bitfinex will hold the majority ownership.
Twenty One has secretly submitted an S-4 registration statement draft to the U.S. Securities and Exchange Commission. Twenty One will seek to trade under the ticker symbol "XXI" after the completion of the business combination. The completion of the business combination is subject to customary closing conditions, including obtaining the approval of CEP shareholders.
This article Twenty One is adding more, holding over 43,500 Bitcoins will be listed for trading as "XXI" first appeared in Chain News ABMedia.