Summary
- Tether and Bitfinex reportedly transferred 14,000 and 7,000 Bitcoins respectively to their joint company, Twenty-One.
- With this remittance, Twenty-One's total Bitcoin holdings have reached 25,812.
- This is equivalent to approximately $2,750,000,000 at the current market value.
Tether (USDT) and Bitfinex have transferred a large amount of Bitcoin (BTC) to their joint venture, Twenty-One. Twenty-One is a joint corporation formed by Cantor Fitzgerald, Tether, Bitfinex, and SoftBank, functioning as a company that carries out Bitcoin reserve strategies similar to Strategy (formerly MicroStrategy).
According to CryptoPolitan, a specialist media outlet for virtual assets, on the 2nd (local time), Paolo Ardoino, CEO of Tether, announced on X (formerly Twitter), "Tether and Bitfinex respectively transferred 14,000 and 7,000 Bitcoins to Twenty-One Capital."
Previously, on May 10, Tether transferred 4,812 Bitcoins to Twenty-One Capital. As a result, the total amount of Bitcoin transferred by Tether to Twenty-One amounts to 18,812.
Meanwhile, following the transfers by Tether and Bitfinex, the total Bitcoin holdings of Twenty-One have reached 25,812. This equates to approximately $2,750,000,000 at the current market price.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
