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Twenty One’s Bitcoin Treasury Hits $5.1B—Turbocharged by Tether’s Backing
Twenty One’s Bitcoin Treasury Hits $5.1B—Turbocharged by Tether’s Backing
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Bitcoin's corporate adoption hits a new milestone—and it's got stablecoin fingerprints all over it.
Twenty One, the latest institutional player to dive into crypto, now holds a staggering $5.1 billion in BTC. The kicker? Tether's liquidity firehose helped fuel the buying spree.
Corporate treasuries loading up on Bitcoin isn't news—but when the world's most controversial stablecoin acts as the ramp, even Wall Street raises an eyebrow. (Then promptly charges a 2% management fee.)
The move signals two truths: 1) Blue-chip companies still see Bitcoin as a hedge, and 2) They'll gladly use 'unregulated' tools to get exposure—so long as the quarterly reports look good.
Who needs ETFs when you've got USDT and a risk appetite?
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