logo

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

How to balance risk and return in DeFi yields?

Have these yields ever been reasonable? Have we ever received the compensation we deserve for the risks taken in DeFi, and where should the future spreads be set?

Tom Lee's Ethereum Thesis: Why the Man Who Called the Last Cycle Is Doubling Down on Bitmine

Tom Lee is emerging as one of Ethereum’s most influential supporters. From Fundstrat to Bitmine, his Ethereum thesis combines staking yield, treasury accumulation, and long-term network value. Here is why “Tom Lee Ethereum” has become one of crypto’s most watched narratives.

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.

Popular coins

Latest Crypto News

Read more