Tether Buys $458.7M in Bitcoin for SPAC-Bound Firm Twenty One Capital
Stablecoin issuer Tether has deepened its bet on Bitcoin, purchasing $458.7 million worth of the cryptocurrency on behalf of Bitcoin investment firm Twenty One Capital, which is currently navigating a SPAC merger with Cantor Equity Partners. According to a May 13 filing with the U.S. Securities and Exchange Commission (SEC), ...