BREAKING
256d 15h ago

Bitcoin Asset Management Firm Twenty One Capital Secures $100 Million in Funding to Advance Merger with Cantor Equity Partners

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

In a significant development for the cryptocurrency sector, Twenty One Capital has successfully secured an additional $100 million through convertible senior secured notes, as detailed in a recent filing with the U.S. Securities and Exchange Commission (SEC). This funding boost elevates the company’s total capital raised to $685 million, further propelling its merger aspirations with the Nasdaq-listed Cantor Equity Partners (CEP). The strategic injection of funds originated from existing investors, who opted to exercise their rights to purchase additional notes from an earlier financing round conducted in April. This move not only strengthens Twenty One Capital’s financial position but also signals renewed investor confidence amid a volatile market climate. As the industry evolves, such capital raises underscore the robust demand for innovative investment solutions within the cryptocurrency landscape.

Share News:
Don't Miss Breaking News