Twenty One Capital Invests $458.7 Million in Bitcoin, Signaling Potential Price Surge

Crypto investment firm Twenty One Capital has made a significant move by purchasing 4,812 BTC for $458.7 million. This bold purchase coincides with Bitcoin’s price approaching its all-time high, fueling speculation about a potential breakout. The acquisition, part of a private investment in public equity (PIPE) deal linked to a Special Purpose Acquisition Company (SPAC) merger, positions the firm as the third largest corporate holder of Bitcoin.