Twenty One acquired 4,812 bitcoins at an average price of $9,530,000.

BlockBeats News, May 14th, a Bitcoin-centric publicly traded company announced the purchase of 4,812 BTC ($4.587 billion) through TETHER, with an average price of $95,300.

Investment firm Cantor Equity Partners previously announced plans to establish "Twenty One" through a SPAC merger. This will become a Bitcoin-centric publicly traded company with initial reserves of over 42,000 BTC — valued at over $3.9 billion at current prices, backed by Tether, Bitfinex, and investment firms Cantor Fitzgerald and SoftBank Group. The company, led by Brandon Lutnick, son of the U.S. Secretary of Commerce, not only plans to accumulate Bitcoin (allowing investors to gain exposure to the asset without actually holding it) but also to provide Bitcoin-related financial services and create a cryptocurrency content and media platform.