Cantor Equity Partners, Inc. revealed in a new filing with the SEC yesterday that Tether bought 4,812.2 Bitcoin for a total of $458.7 million on behalf of Jack Mallers’ recently launched Bitcoin treasury company, Twenty One Capital, which plans to eventually go public under the ticker XXI.
As Bitcoin Magazine reports, Tether is holding the Bitcoin in a digital wallet, which anyone can view the holdings online here…
…showcasing further transparency into their holdings similar to how some spot Bitcoin ETF issuers and other public corporations, such as Bitwise and Metaplanet, have done with their holdings.
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’s aggressive Bitcoin acquisition strategy, stating:
In an also recent interview, Jack Mallers described Twenty One Capital’s mission clearly:
At launch, the company will hold over 42,000 Bitcoin, instantly making it one of the largest corporate holders of BTC worldwide – only behind industry giants like Strategy.
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