Twenty One Capital Don Buy 5,800 BTC Before SPAC Listing
Twenty One Capital go complete di Bitcoin buy wey get 5,800 BTC from Tether, dem pay average $87,280 per coin. Dis deal go make dem get 43,500 BTC for dia Bitcoin treasury and e go make dem be di third-largest corporate holder. Di buy na part of SPAC listing merger wit Cantor Equity Partners (Nasdaq: CEP), and di shares go dey trade under ticker XXI. Di company go launch new Bitcoin Per Share (BPS) metric wey go replace EPS, e go be about 12,559 satoshis per share. All di holdings go dey on-chain wit real-time proof of reserves. Big backers na Tether, Bitfinex and SoftBank, wey dey give transparent Bitcoin exposure without traditional liabilities.
Bullish
Dis big Bitcoin buy show say institutions dey really want am and e reduce how many dey available, e help price to go up. The SPAC wey dem list under ticker XXI and the BPS metric wey dem bring in, e make am easy for investors to enter and e give clear proof say reserve dey on-chain. For short time, dis deal fit make people wan buy and ginger market feeling. For long term, e show say companies still dey use Bitcoin and fit hold Bitcoin value steady, make market better.