{"id":23541,"date":"2025-04-24T11:32:26","date_gmt":"2025-04-24T11:32:26","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=23541"},"modified":"2025-04-24T11:32:26","modified_gmt":"2025-04-24T11:32:26","slug":"cantor-fitzgerald-backed-twenty-one-launches-strategy-rival-at-3-billion-valuation","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=23541","title":{"rendered":"Cantor Fitzgerald-Backed &#8216;Twenty One&#8217; Launches Strategy Rival At $3 Billion Valuation"},"content":{"rendered":"<div>\n<p>A new <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>)-centric public company, <strong>Twenty One<\/strong>, is set to launch through a SPAC merger with <strong>Cantor Equity Partners<\/strong>, bringing 42,000 Bitcoin under its control and targeting a $3.6 billion enterprise valuation. <\/p>\n<p>The deal positions the firm as a major corporate holder of Bitcoin, comparable to <strong>Strategy <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>), which currently leads public companies <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/44898586\/strategy-adds-555-million-in-bitcoin-ups-stash-to-538200-btc\">in Bitcoin reserves<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>The transaction, <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250423962305\/en\/Tether-SoftBank-Group-and-Jack-Mallers-Launch-Twenty-One-a-Bitcoin-native-Company-Through-a-Business-Combination-With-Cantor-Equity-Partners\">announced <\/a>Wednesday, involves backing from <strong>Tether<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">USDT<\/a>), <strong>SoftBank Group<\/strong> and <strong>Jack Mallers<\/strong>, who will serve as CEO.<\/p>\n<p>The structure will see Twenty One majority-owned by Tether and <strong>Bitfinex<\/strong>, with SoftBank holding a significant minority stake.<\/p>\n<p>Once completed, the merger will make &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/44975441\/cantor-fitzgerald-backed-twenty-one-launches-strategy-rival-at-3-billion-valuation\" alt=\"Cantor\" fitzgerald-backed one launches strategy rival at billion valuation>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A new Bitcoin (CRYPTO: BTC)-centric public company, Twenty One, is set to launch through a SPAC merger with Cantor Equity Partners, bringing 42,000 Bitcoin under its control and targeting a $3.6 billion enterprise valuation. The deal positions the firm as a major corporate holder of Bitcoin, comparable to Strategy (NASDAQ:MSTR), which currently leads public companies [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-23541","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23541"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23541\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}