US EditionCantor Equity Partners (CEP) News: 4,812 Bitcoin Purchased
- Cantor Equity Partners disclosed on May 13, 2025, a $458.7 million Bitcoin purchase of 4,812 BTC linked to a merger with Twenty One Capital.
- This acquisition stems from a convertible notes offering by CEP, with Tether selling Bitcoin to Twenty One Capital, formed via a SPAC merger with CEP.
- Twenty One Capital, majority owned by Tether, Bitfinex, and SoftBank, holds about 31,500 BTC and plans to raise nearly $600 million for further Bitcoin buys.
- Tether paid an average of $95,319 per Bitcoin, with Twenty One Capital describing this as "just the tip of the iceberg" signaling ongoing acquisitions.
- This transaction marks a key step in integrating cryptocurrencies into traditional finance, reflecting growing institutional interest despite market volatility and risks.
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Tether adds 4,812 Bitcoin into Twenty One Capital’s treasury ahead of public listing
Twenty One Capital has added another 4,812 Bitcoin to its treasury after a fresh purchase by major backer Tether ahead of a planned Special Purpose Acquisition Company merger. On May 9, Tether acquired the BTC at an average price of…
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