Cantor Equity Partners (CEP) revealed a huge bitcoin purchase of approximately $458.7 million in view of a merger with Twenty-One Capital, a bitcoin-centred investment business. The deal consisted of purchasing 4,812 bitcoins with an average price of approximately $95,320 per BTC. This transaction was carried out through Tether, which is a stablecoin issuer that first purchased the bitcoins and put them in escrow so that they could be transferred to the merged entity when the deal was finalized.

The details of the Transaction of Business Structure

  • The bitcoin buy was amongst a complicated business merger that affected Tether Investments (El Salvador branch), iFinex (i.e., the parent company of Bitfinex), and Cantor Equity Partners.
  • The bitcoins were migrated to an escrow wallet run by Tether on May 9 of, 2025, certifiable by blockchain information being accessed by a Bitfinex hot wallet.
  • The escrow wallet has Bitcoin worth about $500 million in the current market price.

Twenty-One Capital – Formation and Leadership

Twenty-One Capital is being created as a result of the SPAC merger with Cantor Equity Partners. The strike is the head of the firm, led by Jack Mallers, the CEO, owned mainly by Tether and Bitfinex, while SoftBank owns a significant minority stake. Brandon Lutnick, the son of the Cantor Fitzgerald chairman Howard Lutnick, is part of the firm that aims at launching Twenty-One Capital.

Twenty-One Capital expects to own more than 42,000 bitcoins at launch, which would make it the third-biggest public corporate bitcoin holder after MicroStrategy, MARA Holdings. The firm’s strategy is based on Bitcoin as an important treasury asset, just like in the case of MicroStrategy. The purchase marks the start of continuous Bitcoin buys with the intention of buying much more Bitcoin in the future.

Market Reaction and Future Outlook

CEP stock, on the other hand, increased by 3.7% after the announcement when trading in after-hours. This shows the positive sentiments of the investors. The merger and the acquisition of bitcoin show that there is a growing institutional adoption of cryptocurrency and bringing digital assets into traditional finance. Twenty-One Capital will trade with the symbol “XXI” once the SPAC merger is done, whereas CEP shares will be traded with the symbol “CEP” until they merge. This acquisition serves as a confirmation of Cantor Equity Partners’ and Twenty-One Capital’s intentions to become a heavyweight player in the bitcoin investments space, which relies on the partnership with the giants of the crypto world and institutions to advance the adoption of institutional crypto into a new era.