PANews reported on April 24 that according to The Block, Strike founder Jack Mallers will serve as CEO of the newly established Bitcoin investment company Twenty One Capital, which is led by Tether and supported by SoftBank and Cantor Fitzgerald. The initial Bitcoin reserve reaches $3.6 billion (over 42,000 coins), ranking third in BTC holdings among listed companies. Twenty One will go public through a SPAC and plans to promote Bitcoin financial products and related content, with the stock ticker CEP.
Related reading: Is Masayoshi Son planning to create a $3 billion crypto joint venture with stablecoin giant Tether, entering Bitcoin hoarding strategy 2.0?
