Twenty One Capital Raises Additional $100 Million Through Convertible Bond Offering

avatar
MarsBit
05-29
This article is machine translated
Show original
Mars Finance News: Bitcoin company Twenty One has raised an additional $100 million through convertible preferred secured notes, bringing its total financing to $685 million. According to SEC documents, the new financing comes from existing investors and sponsors who exercised their option to purchase more notes, which was initially granted during the financing round in April. Twenty One Capital, launched by Cantor's Brandon Lutnick through a SPAC structure, has notable owners including iFinex and Tether, and is led by Strike CEO Jack Mallers. (CoinDesk)

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments