Key notes
- Tether confirmed the 10,500 bitcoin movement of the hotfinex hot portfolio to a new Bitcoin address.
- The fund supports SoftBank’s investment in capital twenty-one focused on Bitcoin.
- Twenty-one capital is looking for Hodl 42,000 BTC in its Bitcoin Treasury.
The transmitter of the Stablecoin transmitter, transferred 10,500 bitcoin
BTC
$ 106 142
24h volatility:
1.7%
COURTIC CAPESSION:
$ 2.11 T
Flight. 24 hours:
$ 26.81 B
From Bitfinex hot wallet to a new Bitcoin address. The CEO of the company, Paolo Ardoino, shared a screenshot of the Mempool transaction block in its latest post X.
Several BTC transfers linked to twenty a capital
Just before the transfer could ignite speculations in the cryptography ecosystem, Ardoino said he was part of the preinquisite of SoftBank’s investment in the capital twenty-one focused on Bitcoin (XXI).
Bitcoin is currently $ 105,331.39, after an increase of 0.87% in the last 24 hours. The transfer of attachment is estimated at around $ 1.1 billion at this current price.
Based on the details of the transaction, the reception address is “BC1QPZ … ZM5GC” and its balance on June 3 is 10,500 BTC. It should be noted that a series of other Bitcoin transfers have followed since the delivery of the first 10,500 BTC.
The Tether group moves 10500 BTC to approach BC1QPZT4M58ZQGP84KTYUJ5TZ8G8K8SSG2G2G2D5EEERWHX4GXULQQQ5MQJZM5GC as part of SoftBank’s investment pre-financing in Twenty One Capital (XXI)
– Paolo Ardodino 🤖 (@paoloardoino) June 3, 2025
In the last 48 hours, 14,000 BTC, 4,812 BTC and 7,000 BTC have been sent to new portfolios, all linked to the same Twenty One capital project. SoftBank even moved 917.47 BTC to a different address linked to the pre-financing of the capital of twenty-one.
Until now, a total of 37,229 BTC, just under $ 4 billion, has been transferred.
According to Ardoino, the Bitcoin allowance is intended to support and improve the operations in progress of twenty one capital. Before transferring this bitcoin to Softbank, Tether and Bitfinex had already made significant investments in twenty one capital.
Together, their combined funding amounted to 25,812 BTC, valued at around 2.7 billion dollars. This substantial investment was also transferred to a new address associated with twenty-one capital.
The capital ideology of twenty
Twenty-one capital is a cash flow platform led by Bitcoin which was launched in April. The president of Cantor Fitzgerald, Brandon Lutnick, is the brain behind the project, which aims at Hodl the upper room rather than speculating. Ifinex and Tether are equal co -owners of Twenty One Capital, with the CEO of Strike Jack Malers named in chief.
The company intends to have more than 42,000 BTCs in its Bitcoin treasure when it started. In mid-May, he increased 4,812 BTC for $ 458.7 million as part of a private investment in a public shares (PIP) agreement linked to the company’s current spac with Cantor Equity Partners. Twenty a capital will be registered on the Nasdaq under the XXI Ticker.
As of May 13, its total Bitcoin Holdings increased to 36,312 BTC, with 3,500 BTC of this total owned by Cantor Equity Partners on behalf of the company. The company also seeks to follow the strategy of the intelligence and software company in its Paris BTC.
Based on this foundation, twenty one capital intends to adopt a strategy similar to that of the strategy, which currently contains 580,955 BTC, after recently added 705 BTC thanks to a purchase of $ 75 million.
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Benjamin Godfrey is a blockchain enthusiast and a journalist who savor the writing of actual applications for blockchain technology and innovations to stimulate general acceptance and global integration of emerging technology. His desire to educate people on cryptocurrencies inspires his contributions to renowned media and blockchain sites.
