Tether Supports Merger Proposal to Boost Bitcoin Adoption

Tether has announced its intention to vote in favor of a proposed merger between Twenty One Capital and Strike through its investment arm, Tether Investments. According to NS3.AI, the proposal also includes a subsequent merger with Electron Energy. Tether believes these transactions could enhance profitability and expedite the adoption of Bitcoin. Should the deals be successful, Tether plans to recommend Electron founder and CEO Raphael Zagury for the position of president of the newly formed company.