Tether buys $459M Bitcoin for Twenty One Capital

Stablecoin issuer Tether bought $458. 7 million worth of Bitcoin for Twenty One Capital, a Bitcoin investment firm it backed that’s awaiting the completion of a Special Purpose Acquisition Company (SPAC) merger with Cantor Equity Partners. Tether snapped up 4,812. 2 Bitcoin (BTC) at $95,319 each and transferred it to an escrow wallet on May 9, Cantor Equity Partners disclosed in a May 13 filing with the US Securities and Exchange Commission source: https://cointelegraph.com/news/tether-459-million-bitcoin-twenty-one-capital?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound