A recent surge of massive Bitcoin transfers has shaken up the financial industry, demonstrating the cost-efficiency of the blockchain technology. This high-value transaction involved over 10,500 BTC worth $1.1 billion, with Tether CEO Paolo Ardoino revealing it’s being used by a new institutional fund known as Twenty One Capital. This fund aims to use Bitcoin as collateral for pre-funding purposes and has received substantial contributions from Tether ($1.5 billion), SoftBank ($900 million), and Bitfinex ($600 million). These investments are further supported by private bonds and placements, totaling $550 million. 21 Capital’s ambitious goal is to scale its Bitcoin holdings through pre-IPO investment.