PANews reported on May 29 that according to CoinDesk, Bitcoin vault company Twenty One Capital recently raised another $100 million through convertible senior secured notes, bringing its total financing scale to $685 million. The company is preparing to merge with Nasdaq-listed Cantor Equity Partners and plans to go public as a Bitcoin Reserve Company. The SPAC is led by Brandon Lutnick, son of the former chairman of Cantor, and its shareholders include Tether and iFinex. Strike CEO Jack Mallers will serve as CEO. The company disclosed earlier this month that it spent $458 million to purchase Bitcoin .
Twenty One Capital raises $685 million in financing and is about to merge with a Nasdaq-listed company
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