Today, Cantor Equity Partners, Inc. revealed In a new presentation before the SEC that Tether bought 4.812.2 Bitcoin for a total of $ 458.7 million on behalf of the Bitcoin Treasury company recently launched by Jack Mallers, Twenty One Capital, which is eventually made public under the Ticker $ XXI.
“In accordance with the business combination agreement, Tether accepted that within ten (10) business days of the same, he would buy a Bitcoin series equal to an aggregate purchase price of $ 458,700,000,” said Cantor in the presentation. “With the convertible notes, entered on April 22, 2025 by Pubco and the company with certain investors, less a retention amount of $ 52,000,000), and places said wallet in a digital wallet maintained or operated by or in the name of the layer.
Tether is holding the bitcoin in a digital wallet, which anyone can see online holdings hereshowing greater transparency in their holdings similar to the way in which some emit ETF emitters of Bitcoin and other public corporations, such as Bitwise and MetaplenetThey have done it with their holdings.
“The Bitcoin initial pipe will be sold for Tether to Pubco at the close of the transactions contemplated by the Business Combination Agreement on the financing of pipe investments by pipe investors for a purchase price of $ 458,700,000,” he also said.
Cantor Equity Partners Inc., currently quoting under the CEP Ticker, is now live in the markets, since he works to complete his merger with twenty -one capital. CEO Jack Mallers recently emphasized the aggressive Bitcoin’s acquisition strategy of the company, stating: “We intend to raise all capital as possible to acquire Bitcoin … We will never have a bitcoin by negative action.
In the launch, the company will have more than 42,000 Bitcoin, which instantly makes one of BTC’s largest corporate shareholders worldwide, only behind industry giants as strategy.
In a recent interviewJack Mallers clearly described the Twenty One Capital mission: “We want to be the best vehicle for capital markets to participate in Bitcoin … building on Bitcoin. So we are a Bitcoin business in our background. It’s our foundation, it is in our name, it is in our board, it is in our leadership.”
