Tether Don Transfer 10,500 BTC To Pre-Fund SoftBank Investment for Bitcoin Company XXI, E Dey Show Institutional Adoption
Tether wey dey issue USDT don move 10,500 Bitcoin (BTC), wey worth about $1.1 billion, from Bitfinex hot wallet go one address wey dem assign as part of pre-funding for SoftBank money wey dem dey put for Bitcoin-focused treasury platform Twenty One Capital (XXI). Tether CEO Paolo Ardoino announce dis move. E be part of big capital wey dem dey gather for XXI wey wan hold over 42,000 BTC for im treasury, and e belong to Tether, Bitfinex, Cantor Fitzgerald, plus Strike guy Jack Mallers joint. Unlike normal fiat deals, this transaction settle directly with BTC, show say digital asset dey more integrate inside institutional portfolio. XXI dey plan to list for Nasdaq with ticker XXI, and dem dey use HODL method like other big corporate Bitcoin holders. Big names like SoftBank and Cantor Fitzgerald and how dem dey use Bitcoin as investment sign say institutional confidence dey rise plus main acceptance of Bitcoin. These big moves fit ginger market sentiment, make liquidity deep, and help crypto market steady and grow long-term.
Bullish
Dis high-profile BTC waka wey Tether do, wey involve big institutional players like SoftBank, Cantor Fitzgerald, and Bitfinex, dey show strong institutional commitment to Bitcoin. Di direct use of BTC for settlement, expansion of corporate treasuries, and strategic sector partnerships mean say digital assets dey accepted and integrated more for mainstream. Dem things go boost trader confidence, improve liquidity, and create positive market sentiment for Bitcoin, wey fit lead to short-term bullish run and long-term stability.