Bitcoin
The Treasury Company Twenty One has raised an additional $ 100 million thanks to insured tickets for convertibles, pushing its total capital raised to $ 685 million while it progresses to a fusion planned with Cantor Equity Partners (CEP), classified by the NASDA (CEP), a Thursday deposit with the American Securities and Exchange Commission.
The new funding comes from existing investors and sponsors who exercised their option to buy more tickets, initially granted during the fundraising round in April, the regulatory file said.
The new tickets bring a coupon to 1% and are due in 2030. The boost of $ 100 million adds to the $ 385 million initially committed, bringing the financing of total tickets to $ 485 million. This exceeds $ 200 million in private public equity (PIP) disclosed last month.
The CEP is 1.5% lower in the American morning trade while Bitcoin slides less than $ 107,000.
Twenty -one is the last example of companies with a cryptographic cash strategy, following Startegy (MSTR) by Michael Saylor. The company is launched by Brandon Lutnick – The son of the American trade secretary and former president of Cantor Fitzgerald Howard Litnick – via AA Special -Purpous Acquisition Company (SPAC) using Cantor Equity Partners. The owners include Ifinex – The mother company of Bitfinex – and Tether, the emitter of the $ 150 billion USDT. The company will be led by the CEO of Strike, Jack Mallers.
The company recently disclosed an acquisition of $ 458 million in BTC at the beginning of the month.
