đŒ Tether Transfers $2.7 Billion in Bitcoin to Twenty One Capital
đš Big Transaction Alert: Tether CEO Paolo Ardoino has confirmed a major Bitcoin (BTC) transfer involving 25,812 BTC â worth approximately $2.7 billion at a market price of $105,000 per coin â sent to the wallet of investment giant Twenty One Capital.
đ Why It Matters: Ardoino disclosed the move publicly on X (formerly Twitter), calling it an effort to boost Bitcoin Treasury Transparency â or simply âBTT.â The goal: to reinforce Tetherâs commitment to Bitcoin as a strategic reserve asset.
> "BTT = Bitcoin Treasury Transparency," he posted.
đ Growing Holdings: As a result of the transaction, Twenty One Capitalâs Bitcoin holdings surged from 36,312 BTC to 62,124 BTC, making it the third-largest known corporate holder of Bitcoin, trailing only Michael Saylorâs Strategy and one other.
đ Institutional Impact: This massive allocation strengthens the narrative of institutional adoption and positions Tether and Twenty One Capital as serious players in Bitcoinâs evolving financial ecosystem.
#Tether #InstitutionalAdoption #TwentyOneCapital
