Twenty One Capital is increasing its Bitcoin holdings via a $100 million capital injection from the sale of convertible notes. Armed with extra money, the Tether-backed firm goals to shut the hole between itself and MARA Holdings. Twenty One Capital Secures Capital Elevate To Purchase Extra Bitcoin Tether-backed Twenty One Capital exhibits no indicators of slowing its Bitcoin accumulation spree. In an 8-Okay submitting, the newly shaped agency introduced the sale of further convertible notes, elevating $100 million from buyers. The funds will buy extra Bitcoin, increasing the corporate’s holdings because the BTC arms race intensifies. Twenty One Capital presently holds 31,500 BTC on its steadiness sheet, rating because the third-largest public holder of Bitcoin, behind Technique and MARA Holdings. Whereas Michael Saylor’s Technique is miles forward with its near-600,000 BTC, flipping Mara Holding is inside attain for Twenty One Capital. Beforehand, the corporate bought 4,812 BTC for $458.7 million,… Read More at Coingape.com
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