BREAKING: A Company Has Announced That It Has Purchased a Large Amount of Bitcoin – It’s Not MicroStrategy

By: cryptosheadlines|2025/05/14 13:15:05
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Cantor Equity Partners, Inc. (CEP) announced today in a Form 8-K filing with the U.S. Securities and Exchange Commission (SEC) that it has made a significant Bitcoin purchase with Tether Investments. This development comes as part of CEP’s merger with Twenty One Capital, Inc. (Pubco).As part of the merger agreement, Tether purchased 4,812.22 Bitcoins worth a total of $458.7 million. The purchase was made at an average price of $95,319.83 per Bitcoin. The purchased Bitcoins were transferred to a digital wallet managed by Tether, the company reported.These Bitcoins are planned to be transferred to Pubco by Tether after the completion of the merger transactions and the funding of the PIPE investments. Within the scope of the PIPE (Private Investment in Public Equity) investments, Pubco and CEP signed agreements with some investors on April 22, 2025 for the sale of shares and convertible bonds.Cantor Equity Partners and Pubco are preparing to file a registration statement (Form S-4) with the SEC regarding the merger. The document will include detailed shareholder voting information and investor disclosures. The company cautioned investors to carefully review the documents before voting on the merger.The company also emphasized that the completion of the merger is subject to various risks, including market conditions, Bitcoin price volatility, regulatory uncertainty, and the possibility of investor withdrawal.The published statement emphasized that although many forward-looking statements are included, there is no guarantee that they will occur. It was also stated that this announcement does not constitute an offer or solicitation of any security.If the merger is completed, Pubco’s business model will be largely based on Bitcoin asset management and Bitcoin-focused advisory services, and the company’s stock price is expected to be highly correlated with Bitcoin prices.*This is not investment advice.Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!Source link

You may also like

Tiger Research: What AI services do cryptocurrency companies offer?

Cryptocurrency giants like Binance and Coinbase have fully launched an AI defense battle: Driven by FOMO sentiment, leading platforms are accelerating the deep integration of AI agents into core businesses such as trading, security, and payments.

The war not only drives up oil prices but also causes Circle's stock price to soar

High interest rate expectations combined with the explosive growth of stablecoin infrastructure have led to Circle's stock price doubling in five weeks against the trend: Understanding the dual game of "macro interest rate trading" and "global payment foundation" behind the surge in one article.

When agents become consumers, who will rewrite the underlying logic of internet commerce?

Thirty years ago, due to the high cost of micropayments, the internet had no choice but to adopt an advertising model. Today, the technical threshold for micropayments is nearly zero, but trust has become the most expensive luxury. Whoever can bridge this gap will dominate the next generation of int...

AI Agents in Action Summit: March 31, Hong Kong Cyberport, focusing on the deep waters of AI implementation

Tomorrow, Hong Kong Cyberport will grandly open. The "AI Agents in Action" summit gathers top experts, directly addressing the real evolution of AI Agents from conceptual celebration to productization and large-scale commercial implementation.

29 Days In, What Are America’s Options on Iran?

The key is not in ground invasion but in the combination of striking capability and governance.

Flash Crash Down 97%+ with Ongoing Unlocking, WLD Completes $65 Million Off-chain Funding: Who Is Still Buying?

In the current deep bear market environment, being able to complete multi-million dollar token trades is quite rare.

Popular coins

Latest Crypto News

Read more