Overview

• Twenty One Capital acquired 4,812 BTC worth $458.7 million in a structured transaction facilitated by Tether.
• The Bitcoin purchase is part of an Initial PIPE Bitcoin allocation tied to the company’s SPAC merger with Cantor Equity Partners.
• Tether currently holds the acquired Bitcoin in escrow and will transfer it to the public company upon the merger’s completion.
• Launched in April 2025 with $3.6 billion in Bitcoin, Twenty One Capital is now the third-largest corporate Bitcoin holder.
• Led by Strike founder Jack Mallers, the firm exemplifies growing institutional adoption of Bitcoin as a treasury asset.