Bitcoin
The Treasury signing, Twenty One, has raised additional $ 100 million through safe notes for convertible older people, which takes its total capital raised to $ 685 million, since it advances towards a planned fusion with partners of Cantor Equity Partners (CEP) of Cantor Nasdaq, a Thursday that is presented with the Bolsa Commission and Values of the United States.
The new financing comes from existing investors and sponsors who exercised their option to buy more than the notes, originally granted during the April fundraising round, according to the regulatory presentation.
The new notes carry a coupon of 1% and will be presented in 2030. The impulse of $ 100 million adds to the $ 385 million initially committed, which raises the financing of the total note to $ 485 million. That is at the top of $ 200 million in private investment in public capital (PIPA) revealed last month.
The CEP is lower in 1.5% in the morning trade in the US. As Bitcoin slides below $ 107,000.
Twenty one is the last example of companies with a cryptographic treasury strategy, following the beginning of Michael Saylor (Mstr). The firm is being launched by Brandon Lutnick, the son of the United States Secretary of Commerce and former president of Cantor Fitzgerald Howard Lutnick, via AA Special-Purpose Acquisition Company (SPAC) Structure using Cantor Equity Partners. The owners include IFINEX, the Bitfinex Matrix company, and Tether, the USDT $ 150 billion issuer. The company will be directed by Strike Jack Mallers CEO.
The company recently revealed an BTC acquisition of $ 458 million earlier this month.
