Tether, Softbank & Cantor Launch $3 Billion Bitcoin Investment Venture

A significant investment in Bitcoin has been announced with the backing of Tether, Softbank, and Cantor Fitzgerald. The trio is creating a $3 billion public vehicle aimed at purchasing Bitcoin, mirroring the approach pioneered by MicroStrategy founder Michael Saylor. This strategy aims to provide institutional investors with direct access to Bitcoin exposure while simplifying the process of acquiring and holding cryptocurrency assets.