Tether and Bitfinex Transfer 21,000 BTC to Support Twenty One Capital Deal

According to Tether CEO Paolo Ardoino, the distribution included:

In addition, Tether moved 4,812.22 BTC as prefunding for Twenty One Capital’s convertible-equity fundraising round. This prefunding is part of the broader effort to support the company’s long-term Bitcoin treasury and capital structure.

These holdings align with a May 13 8-K filing, which confirmed that Twenty One acquired the BTC at an average purchase price of $95,319.83 per coin. The acquisition was tied to the firm’s business-combination agreement with Cantor Equity Partners, underscoring the institutional scale and intent behind the transaction.

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The move reflects Tether’s deepening involvement in Bitcoin infrastructure and investment vehicles, positioning Twenty One Capital as a major player in the emerging category of Bitcoin-focused treasury firms.

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