- Twenty One Capital secured $100 million for Bitcoin acquisition.
- Raises total funding to $685 million.
- Institutional support may drive BTC demand.
Twenty One Capital has raised an additional $100 million through convertible preferred secured notes, bringing its total funding to $685 million. This capital infusion comes from existing investors who exercised their options initially offered in April.
The funding action emphasizes Bitcoin as a corporate asset, aiming to increase institutional adoption and potentially influence market trends. This move could boost demand for Bitcoin and enhance its standing among corporate treasuries.
Twenty One Capital Expands BTC Treasury with $100M Boost
Twenty One Capital, a Bitcoin corporate entity, raised $100 million to increase its Bitcoin treasury. Notably, major backers include iFinex and Tether, with Jack Mallers, CEO of Strike, providing leadership. Recently disclosed through SEC filings, the transaction adds to prior fundraising efforts.
With the added capital, total funding now stands at $685 million, earmarked for Bitcoin purchases. This reinforces Bitcoin’s institutional adoption, offering potential spot market demand increases and raising confidence among institutional players. The acquisition of 36,312 BTC is a testament to this strategic direction.
Paolo Ardoino, Tether’s CEO, reiterated Bitcoin’s value proposition, stating:
“Twenty One will take a Bitcoin-first approach, prioritizing accumulation over speculation and long-term value.”
The supportive tone is echoed across social platforms, where positive sentiment prevails.
Bitcoin’s Institutional Adoption Fuels Market Interest
Did you know? The use of convertible notes for Bitcoin acquisition echoes MicroStrategy’s pioneering approach, which significantly boosted institutional interest in Bitcoin as a treasury asset.
As of May 30, 2025, Bitcoin (BTC) holds a market dominance of 63.10% with a trading price of $105,935.64, according to CoinMarketCap. The 24-hour trading volume reached $61.39 billion, despite a 2.71% decline over the past day. Over 90 days, prices have risen by 25.43%.
Analytical insights from Coincu indicate that with institutional entities like Twenty One Capital increasing their Bitcoin positions, the cryptocurrency could see regulatory benefits through enhanced acceptance as a corporate reserve asset. This trend underscores Bitcoin’s traction in traditional finance circles.
Source: https://coincu.com/340671-twenty-one-capital-bitcoin-funding-2/