Tether’s Bold Bitcoin Bet: $459M Acquisition Signals Strong Confidence in BTC’s Future

In a groundbreaking move underscoring institutional confidence in Bitcoin, Tether has acquired 4,812 BTC worth $458.7 million at an average price of $95,320 per coin. This strategic accumulation, disclosed in a May 13 SEC filing by Cantor Equity Partners, represents a significant endorsement of Bitcoin's long-term value proposition. The purchase was made on behalf of Twenty One Capital, a new bitcoin treasury firm founded by Jack Mallers through a collaboration between Tether, Bitfinex, Cantor Fitzgerald, and other key players. This massive acquisition not only demonstrates Tether's bullish stance on Bitcoin but also highlights the growing trend of major financial entities establishing dedicated Bitcoin treasury operations. As of July 2025, this move is being viewed as a strong vote of confidence in Bitcoin's future price potential, particularly coming from one of the most influential players in the cryptocurrency ecosystem. The transaction suggests institutional expectations of Bitcoin surpassing its current valuation, potentially eyeing new all-time highs in the coming years.

Tether Acquires $459M in Bitcoin for New Treasury Venture 21 Capital

Tether has made a significant move into Bitcoin accumulation, purchasing 4,812 BTC worth $458.7 million at an average price of $95,320 per coin. The acquisition was disclosed in a May 13 SEC filing by Cantor Equity Partners, acting on behalf of Jack Mallers' newly formed bitcoin treasury firm Twenty One Capital.

The venture, announced in April through a collaboration between Tether, Bitfinex, Cantor Fitzgerald, and SoftBank Group, plans to go public via SPAC merger with Cantor Equity Partners. Upon completion, the entity will trade on Nasdaq under the ticker XXI with a substantial treasury exceeding 42,000 BTC.

Twenty One Capital Extends Saylorization Trend With $458 Million Bitcoin Purchase

Twenty One Capital, backed by Tether, Cantor Fitzgerald, and SoftBank, has made its first major bitcoin acquisition since its formation in late April. The firm purchased 4,812 BTC worth $458.7 million, signaling the start of an aggressive accumulation strategy modeled after Michael Saylor's approach.

The Bitcoin allocation, labeled 'Initial PIPE Bitcoin,' was initially acquired by Tether, the USDT issuer and majority shareholder of Twenty One Capital. The deal was structured as part of a private investment in public equity (PIPE) transaction using proceeds from convertible notes. Following the business combination that created the publicly traded entity, Tether transferred the BTC to Twenty One Capital.

All 12 Bitcoin ETFs See Red as Market Shrugs Off $96 Million Exit

Bitcoin-backed ETFs experienced a net outflow of $96.14 million on Tuesday, the largest single-day withdrawal since mid-April. The retreat coincided with a broader crypto market pullback, dragging BTC to an intraday low of $101,429.

Fidelity's FBTC led the exodus, signaling institutional hesitation as BTC failed to sustain momentum above $105,000. Market observers had anticipated stronger performance amid improving US-China trade dynamics.

Bitcoin Price Prediction: Institutional Moves Fuel $120K Speculation

Bitcoin consolidates above $103,733, testing the 23.6% Fibonacci retracement level as institutional adoption reaches unprecedented levels. Coinbase's landmark inclusion in the S&P 500 could catalyze $16 billion in institutional inflows, according to Bernstein analysts.

Cathie Wood's public endorsement underscores the growing symbiosis between crypto and traditional finance. The ARK Invest CEO framed Coinbase's S&P 500 debut as a watershed moment, compelling even index-sensitive managers to engage with crypto-exposed equities.

My First Bitcoin Receives $1M Grant From Jack Dorsey's #startsmall for Global BTC Education

Non-profit organization My First Bitcoin (MFB) has secured a $1 million grant from Jack Dorsey's philanthropic initiative #startsmall. The funding will bolster the El Salvador-based group's mission to expand grassroots Bitcoin education programs worldwide.

Founded in 2021, MFB has established itself as a leader in open-source cryptocurrency education. The organization runs comprehensive training initiatives and hosts the Bitcoin Educators Unconference, creating a hub for industry collaboration.

This injection of capital comes at a pivotal moment for Bitcoin adoption. As institutional interest grows, initiatives like MFB's play a crucial role in bridging the knowledge gap for new entrants. The grant demonstrates increasing recognition of cryptocurrency education as a fundamental component of financial infrastructure development.

Key Bitcoin Indicator Flashes Again — Will BTC Rally to New Highs?

Bitcoin's momentum is building as aggressive buyers flood the market, with the Taker Buy/Sell Ratio surging to 1.02—a level last seen before historic breakouts. On-chain data reveals large wallets accumulating BTC, positioning for a potential push toward new all-time highs.

Despite bullish signals, technical indicators show divergence. The RSI signals overbought conditions, while MACD momentum weakens. Bitcoin must break the $105,000 resistance level or risk a pullback.

Market sentiment is heating up as BTC hovers NEAR its previous peak. The next leg of the rally hinges on whether buyers can sustain the current momentum amid mixed technical signals.