Tether and Bitfinex Move 25,812 Bitcoin to Twenty One Capital
Highlights
- Tether and Bitfinex have transferred 25,812 to Twenty One Capital in a pre-funding round for equity raise.
- Twenty One Capital plans to become the third-largest corporate Bitcoin holder, inspired by MicroStrategy.
- Twenty One Capital is going public via a SPACE merger with “XX!” ticker.
Tether Group and Bitfinex, a popular cryptocurrency exchange, have recently transferred $2.7B worth of 25,812.22 BTC to Twenty One Capital. As the two are the investment supporters of this newly launched Bitcoin-native company, this BTC move was made in correspondence with the collaboration.
Twenty One Capital Bitcoin Stockpile News: Tether & Bitfinex Contribute 25,812 BTC
Twenty One Capital is a Bitcoin Treasury firm that is going public via a SPACE merger and will trade with a “XX!” ticker. They are working on creating a 420,000 BTC stockpile to become the 3rd largest corporate Bitcoin holder in the world. The 25,814 BTC moved by Tether and Bitfinex is for the same purpose on Monday.
The former has made two separate transactions, one carrying 14,000 BTC and another 4812.22 BTC to another wallet address. Bitfinex also sent 7,000 BTC; collectively, these will play a part in the pre-funding round for an equity raise.
Twenty One Capital Fundings and CEO Jack Mallers’ Plans
The stockpile plan is inspired by Michael Saylor’s MicroStrategy’s Bitcoin buying using corporate debt. Nearly a month ago, the Bitcoin Treasury firm announced its plans to raise $685M. The breakdown included convertible senior secured notes ($385M), PIPE Financing ($200M), and an additional $100M in new convertible notes.
Jack Mallers, the CEO of Twenty One Capital Fundings, has recently joined the Bitcoin 2025 Conference and declared that Bitcoin is the solution. More importantly, he added that it is their mission to become the most successful Bitcoin holding company.
“Bitcoin is money that we consider to be something that nobody can print. You can’t print, you can’t debase my time and energy, you cannot deprive me of owning assets, of getting out of debt, of living sovereignly, and protecting my future, my family, and my prized possessions. Bitcoin is what we invented to do that.”
Besides, Mallers has shared their Bitcoin wallet address as PoR (proof-of-reserve) to focus on transparency and public trust.
Announcing Proof of Reserves for Twenty One
As Bitcoiners, we hear a lot about how Wall Street has arrived to #Bitcoin. With Twenty One, #Bitcoin has arrived on Wall Street.
Don’t trust, verify. pic.twitter.com/johay8PJFI
— Jack Mallers (@jackmallers) May 29, 2025
One of the wallets holds 4,812 BTC, and more information will be made public soon. Mallers has pledged to share further details on Tether and Bitfinex BTC moves. For now, it is disclosed that the 31,500 BTC would be moved, including SoftBank’s.
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