Tether Invests $2 Billion in Bitcoin, Anticipates Twenty One Capital IPO

Tether has made a significant move by transferring 14,000 BTC, equivalent to nearly $2 billion, to Jack Mallers’ company, Twenty One Capital. This transfer comes as Twenty One Capital prepares for its public debut through a merger with Cantor Equity Partners. The investment signals the growing integration of Bitcoin into corporate strategy, potentially influencing market sentiment and investment behavior.