Tether-Backed Fund Drops $458M on Bitcoin—Because Nothing Says ’Stable’ Like Betting the House on Volatility
Twenty One Capital just made crypto’s biggest power move of 2025—deploying nearly half a billion in USDT reserves to scoop up Bitcoin at what they insist is ’the bottom.’
Why this matters: When a Tether-backed player goes all-in on BTC, it’s either a masterstroke of institutional adoption... or proof that monopoly money can still move markets. Spoiler: The Bitcoin whales aren’t complaining.
The fine print: This buy-in represents 0.25% of Bitcoin’s total supply—enough to make MicroStrategy’s treasury plays look like pocket change. Meanwhile, traditional finance pundits are still trying to explain how a ’stablecoin’ sponsor just became a top-tier BTC whale.