Twenty One Capital Don Pass 43,500 Bitcoin Bifo SPAC Dem List
Twenty One Capital don increase their Bitcoin holdings reach pass 43,500 BTC, dem surpass their original target by 1,500 BTC. The company wey Cantor Fitzgerald, Tether, Bitfinex and SoftBank dey back, dem buy around 5,800 BTC from Tether, make im treasury come reach $5.13 billion at current prices. Unlike many other ones, dem dey use debt-free strategy and dem plan to go public through SPAC merger with Cantor Equity Partners. This achievement na clear sign of bigger corporate trend for people wey dey accumulate Bitcoin and e dey increase competition for scarce BTC.
Bullish
Dis news dey bullish for Bitcoin sake e show say big corporate treasury dey get plenti demand. For short term, dis announcement fit make price go up as e show fresh buying pressure. For long term, Twenty One Capital wey no get debt plus their SPAC listing, dey show say institutional confidence strong and more companies dey adopt am, wey go reduce how much dey circulate and support price to continue rise.