Twenty One Capital reveals plans to increase its Bitcoin reserves by 5,800 BTC through its agreement with Cantor Equity Partners, significantly raising the company's total Bitcoin reserves.
Planned Bitcoin Reserve Accumulation
Twenty One Capital is expecting to receive an additional 5,800 BTC, valued at approximately $680 million at current market rates. This will elevate the company's total Bitcoin reserves to over 43,500 BTC, ranking it among the top three public firms globally for Bitcoin ownership.
Innovative Asset Control Approach
The company has been designed as a Bitcoin-native entity and will forgo traditional earnings reporting, introducing a new metric, Bitcoin Per Share (BPS), allowing investors to track equity value in Bitcoin terms. All Bitcoin held will be transparently custodied on-chain with real-time proof of reserves.
Support from Major Institutional Investors
Twenty One is backed by significant institutional investors, including Tether and Bitfinex, who are expected to be majority stakeholders. The deal includes Tether’s recent acquisition of 1,381 BTC, confirming substantial interest from major players in the Bitcoin market.
The measures and approaches announced by Twenty One Capital highlight the growing interest in Bitcoin technologies and the increasing demand for its incorporation within corporate financial structures.
