{"id":3365,"date":"2025-05-13T23:16:20","date_gmt":"2025-05-13T23:16:20","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/05\/13\/jack-mallers-twenty-one-capital-and-tether-bought-4812-bitcoin-for-458700000\/"},"modified":"2025-05-13T23:16:20","modified_gmt":"2025-05-13T23:16:20","slug":"jack-mallers-twenty-one-capital-and-tether-bought-4812-bitcoin-for-458700000","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/05\/13\/jack-mallers-twenty-one-capital-and-tether-bought-4812-bitcoin-for-458700000\/","title":{"rendered":"Jack Mallers\u2019 Twenty One Capital And Tether Bought 4,812 Bitcoin For $458,700,000"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Jack Mallers\u2019 Twenty One Capital And Tether Bought 4,812 Bitcoin For $458,700,000<\/a><\/p>\n

<\/div>\n

Today, Cantor Equity Partners, Inc. revealed<\/a> in a new filing with the SEC that Tether bought 4,812.2 Bitcoin for a total of $458.7 million on behalf of Jack Mallers\u2019 recently<\/a> launched Bitcoin treasury company, Twenty One Capital, which plans to eventually go public under the ticker $XXI.\u00a0<\/p>\n

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JUST IN: Jack Mallers Twenty One Capital and Tether buys 4,812 #Bitcoin<\/a> for $458,700,000 pic.twitter.com\/SZFMZcDBAa<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) May 13, 2025<\/a>\n<\/p><\/div>\n

\u201cPursuant to the Business Combination Agreement, Tether agreed that within ten (10) business days thereof, it would purchase a number of Bitcoin equal to an aggregate purchase price of $458,700,000,\u201d Cantor stated in the filing. \u201cWith the Convertible Notes PIPE, entered into on April 22, 2025 by Pubco and the Company with certain investors, less a holdback amount of $52,000,000), and place such Bitcoin in a digital wallet held or operated by or on behalf of Tether.<\/p>\n

Tether is holding the Bitcoin in a digital wallet, which anyone can view the holdings online here<\/a>, showcasing further transparency into their holdings similar to how some spot Bitcoin ETF issuers and other public corporations, such as Bitwise<\/a> and Metaplanet<\/a>, have done with their holdings.<\/p>\n

\u201cThe Initial PIPE Bitcoin will be sold by Tether to Pubco at the closing of the transactions contemplated by the Business Combination Agreement upon the funding of the PIPE Investments by the PIPE Investors for a purchase price of $458,700,000,\u201d the filing further stated.<\/p>\n

Cantor Equity Partners Inc., currently trading under the ticker CEP, is now live in the markets as it works toward completing its merger with Twenty One Capital. CEO Jack Mallers recently emphasized the firm\u2019s aggressive Bitcoin acquisition strategy, stating: \u201cWe do intend to raise as much capital as we possibly can to acquire Bitcoin\u2026 We will never have Bitcoin per share negative. At least that is our intent. Our intent is to make sure when you are a shareholder of Twenty One that you are getting wealthier in Bitcoin terms.\u201d<\/p>\n

\n

JUST IN: Twenty One Capital CEO Jack Mallers says “we do intend to raise as much capital as we possibly can to acquire #Bitcoin<\/a>” pic.twitter.com\/IrCyy2QVnS<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) April 23, 2025<\/a>\n<\/p><\/div>\n

At launch, the company will hold over 42,000 Bitcoin<\/a>, instantly making it one of the largest corporate holders of BTC worldwide\u2014only behind industry giants like Strategy.\u00a0<\/p>\n

In an also recent interview<\/a>, Jack Mallers described Twenty One Capital\u2019s mission clearly: \u201cWe want to be the ultimate vehicle for the capital markets to participate in Bitcoin\u2026building on top of Bitcoin. So we are a Bitcoin business at our core. It\u2019s our founding, it\u2019s in our name, it\u2019s on our board, it\u2019s at our leadership.\u201d<\/p>\n

This post Jack Mallers\u2019 Twenty One Capital And Tether Bought 4,812 Bitcoin For $458,700,000<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Oscar Zarraga Perez<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Jack Mallers\u2019 Twenty One Capital And Tether Bought 4,812 Bitcoin For $458,700,000 Today, Cantor Equity Partners, Inc. revealed in a new filing with the SEC that Tether bought 4,812.2 Bitcoin for a total of $458.7 million on behalf of Jack Mallers\u2019 recently launched Bitcoin treasury company, Twenty One Capital, which plans to eventually […]<\/p>\n","protected":false},"author":0,"featured_media":3366,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-3365","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=3365"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3365\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/3366"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=3365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=3365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=3365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}