Twenty One Capital Raises Additional $100 Million Through Issuance of Further Convertible Notes

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According to Foresight News, as reported by CoinDesk, Bitcoin company Twenty One has raised an additional $100 million through convertible preferred secured notes, bringing its total financing to $685 million. Based on 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 Brandon Lutnick of Cantor through a SPAC structure, has notable owners including iFinex and Tether, and is led by Jack Mallers, CEO of Strike.

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