Search results for Twenty One Capital
Crypto
Tether expands bitcoin reserves, maintains 15 percent of quarterly net profit buying policy
Stablecoin issuer Tether moved 951 bitcoin from a Bitfinex wallet to its reserve wallet, a transfer valued at $70.5 million at the time, according to Arkham Intelligence data cited by The Block Crypto. The move lifted Tether’s bitcoin reserves to 97,141 BTC. Tether said in 2023 it would allocate 15 percent of quarterly net profit to bitcoin purchases and has continued expanding reserves, with its website showing bitcoin makes up about 4 percent of more than $190 billion backing USDT.
Crypto
Shiba Inu at a bottom or a trap? A 2026 crossroads for windfall or wipeout
With the broader cryptocurrency market in decline, investors are divided over whether buying Shiba Inu now can deliver profits by the end of 2026. The token has slipped to 25th by market value as geopolitical and macroeconomic uncertainty weighs on sentiment. Some platforms forecast a rise into the $0.0000120 to $0.0000142 range, while others are more bullish. Skeptics cite Shiba Inu’s 2025 drop and warn gains are not assured.
Crypto
Tether buys additional 8,888 bitcoin, becomes fifth-largest holder
Tether bought an additional 8,888 bitcoin, bringing its total to 96,000, Cointelegraph reported on Thursday. The purchase makes it the fifth-largest corporate bitcoin holder after Binance, Robinhood and Bitfinex. Tether keeps a strategy of investing 15 percent of quarterly profit in bitcoin, with the latest buy worth about $780 million. CEO Paolo Ardoino denied claims of selling bitcoin, saying assets moved to Twenty One Capital.