{"id":26654,"date":"2025-05-14T05:46:44","date_gmt":"2025-05-14T05:46:44","guid":{"rendered":"https:\/\/dogewisperer.com\/tether-drops-459m-on-bitcoin-to-launch-new-treasury-firm\/"},"modified":"2025-05-14T05:46:44","modified_gmt":"2025-05-14T05:46:44","slug":"tether-drops-459m-on-bitcoin-to-launch-new-treasury-firm","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26654","title":{"rendered":"Tether Drops $459M on Bitcoin to Launch New Treasury Firm"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Tether, the company best known for running the USDT stablecoin, just made a big bet on Bitcoin, again. This time, they\u2019ve picked up $459 million worth of BTC to kickstart a new venture called \u201cTwenty One,\u201d a Bitcoin treasury company with plans to go public. It\u2019s the latest power play in a year full of them, as Tether buys Bitcoin to fuel its institutional pivot.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">And no, this isn\u2019t some backroom experiment. The move involves big names like Bitfinex and even a tie-in with Cantor Fitzgerald. Oh, and they\u2019re bringing Jack Mallers <\/span><span data-preserver-spaces=\"true\">onboard<\/span><span data-preserver-spaces=\"true\"> as CEO. Yes, that Jack Mallers, the guy behind Strike.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">So, What Did Tether Actually Buy?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">According to a recent SEC filing, Tether bought 4,812.22 Bitcoin at an average price of $95,319.83 per coin. Once everything goes through, those coins will be transferred over to Twenty One, the new company that\u2019s being formed through a merger with Cantor\u2019s blank-check outfit, Cantor Equity Partners.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Twenty One just acquired 4,812 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$BTC<\/a> ($458.7M) via <a href=\"https:\/\/twitter.com\/search?q=%24Tether&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$Tether<\/a><br \/>Average price: $95.3K.<br \/>CT won\u2019t care. But you probably should.<br \/>This isn\u2019t just \u201csomeone bought the dip.\u201d<br \/>This is the public emergence of Twenty One \u2014 the first corporation not holding Bitcoin,<br \/>but built entirely around it.\u2026 <a href=\"https:\/\/t.co\/k8JCHzHcN5\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/k8JCHzHcN5<\/a><\/p>\n<p>\u2014 abraksas.eth (@abraksas_eth) <a href=\"https:\/\/twitter.com\/abraksas_eth\/status\/1922393397408759913?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 13, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">That\u2019s just the beginning. The plan is to launch Twenty One with more than 42,000 Bitcoin on the books, worth around $4.4 billion at today\u2019s prices. That would instantly make it one of the largest corporate BTC treasuries on the planet, right up there with names like MicroStrategy.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">What\u2019s the Game Plan?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Twenty One wants to give traditional investors exposure to Bitcoin through the stock market, without all the friction of setting up wallets or managing private keys. Think of it as a BTC-forward financial company that does everything from holding reserves to lending out Bitcoin and offering crypto-native financial services, just wrapped in a public-market structure.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">JUST IN: Tether bought 4,812 BTC for $458.7m (avg $95,319.83) in preparation of launching the Twenty One bitcoin treasury. <a href=\"https:\/\/t.co\/qtYOS6E5c0\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/qtYOS6E5c0<\/a><\/p>\n<p>\u2014 NLNico (@btcNLNico) <a href=\"https:\/\/twitter.com\/btcNLNico\/status\/1922384274944037340?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 13, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">The company is aiming to raise around $585 million in the process. That includes $385 million from convertible senior notes and another $200 million from private equity sources. Most of that will be used to buy even more Bitcoin and help get the new business off the ground.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\">The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Tether Buys Bitcoin Again, Why Now?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Timing-wise, this move comes as Bitcoin is back in the spotlight, trading above $104,000 and inching toward new all-time highs. More institutions have been warming up to BTC this year, especially after spot Bitcoin ETFs were approved in the U.S.<\/span><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_68242dc983424\" data-coin-id=\"btc-bitcoin\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n                <img id=\"crypto_chart_68242dc983424-chart__info-icon-img\">\n            <\/div>\n<div class=\"chart__info-name\" id=\"crypto_chart_68242dc983424-chart__info-name\">&#8211;<\/div>\n<div class=\"chart__info-label\">Price<\/div>\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_68242dc983424-chart__info-symbol\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_68242dc983424-chart__info-price\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_68242dc983424-chart__info-marketcap\">&#8211;<\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--24h\" id=\"crypto_chart_68242dc983424-btn-24h\">24h<\/button><br \/>\n                <button class=\"chart__button chart__button--7d\" id=\"crypto_chart_68242dc983424-btn-7d\">7d<\/button><br \/>\n                <button class=\"chart__button chart__button--30d\" id=\"crypto_chart_68242dc983424-btn-30d\">30d<\/button><br \/>\n                <button class=\"chart__button chart__button--1y\" id=\"crypto_chart_68242dc983424-btn-1y\">1y<\/button><br \/>\n                <button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_68242dc983424-btn-all-time\">All Time<\/button>\n            <\/div>\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--logarithmic\" id=\"crypto_chart_68242dc983424-btn-log\">Log<\/button>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n        <canvas class=\"chart__canvas\" id=\"crypto_chart_68242dc983424-cryptoChart\"><\/canvas>\n    <\/div>\n<\/div>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">Tether\u2019s involvement shows that stablecoin issuers are looking to diversify their assets, and possibly cash in on Bitcoin\u2019s growing role as a digital reserve asset.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">What\u2019s the Catch?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Well, critics have always raised eyebrows at Tether\u2019s transparency and its ties to Bitfinex. And while this latest play is splashy, it also ramps up the pressure to keep everything squeaky clean from a regulatory and financial reporting perspective. Going public with a Bitcoin treasury company will definitely invite more scrutiny.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Conclusion<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Tether\u2019s $459 million Bitcoin buy isn\u2019t just a headline, it\u2019s the start of something bigger. With Twenty One, they\u2019re betting that traditional investors want a way to tap into Bitcoin without touching an exchange or a hardware wallet.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Whether this becomes the next big institutional on-ramp or just another bold crypto experiment, one thing\u2019s clear: Tether is doubling down on Bitcoin, and they\u2019re not doing it quietly.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"editor-rtfLink\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Tether has purchased $459 million worth of Bitcoin to fund the launch of Twenty One, a new BTC treasury company aiming to go public.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The company acquired 4,812 BTC at an average price of $95,319 and plans to transfer over 42,000 BTC, valued <\/li>\n<p><\/span><span data-preserver-spaces=\"true\">around<\/span><span data-preserver-spaces=\"true\"> $4.4 billion, to its new venture.<br \/>\n    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Twenty One will offer traditional investors public-market exposure to Bitcoin while providing crypto-native services like BTC lending and reserves management.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The venture is being formed via a merger with Cantor Fitzgerald\u2019s SPAC and includes Strike CEO Jack Mallers as its new chief executive.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        While the move signals Tether\u2019s deeper commitment to Bitcoin, it also raises transparency and regulatory questions, given the scale and public listing ambitions.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><br \/>\n    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/adoption\/tether-drops-459m-on-bitcoin-to-launch-new-treasury-firm\/\">Tether Drops $459M on Bitcoin to Launch New Treasury Firm<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tether, the company best known for running the USDT stablecoin, just made a big bet on Bitcoin, again. This time, they\u2019ve picked up $459 million worth of BTC to kickstart a new venture called \u201cTwenty One,\u201d a Bitcoin treasury company with plans to go public. It\u2019s the latest power play in a year full of [&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-26654","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\/26654","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=26654"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26654\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}