Tether Transfers $2 Billion in Bitcoin to Twenty One Capital: Market Impact Reaches New Heights

In a significant move within the crypto landscape, Tether has transferred approximately $2 billion worth of Bitcoin to the investment firm, Twenty One Capital. The transfer was confirmed by both Tether CEO Paolo Ardoino and Jack Mallers, CEO of Twenty One Capital. This substantial transaction positions Twenty One Capital as one of the largest holders of Bitcoin, making them a key player in the world of digital assets.