Tether Transfers $2 Billion in Bitcoin to Twenty One Capital for Strategic Expansion

Tether, a prominent cryptocurrency company, has transferred 14,000 Bitcoin worth $2 billion to Jack Mallers’ firm, Twenty One Capital, as part of its strategic growth plan. This move positions the company for an upcoming public offering and solidifies its standing amongst global Bitcoin treasuries. The transfer signifies significant confidence in Twenty One Capital’s future and supports its plans to develop Bitcoin-native financial products.