BREAKING: A Company Has Announced That It Has Purchased a Large Amount of Bitcoin – It’s Not MicroStrategy

By: bitcoin ethereum news|2025/05/14 13:45:04
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Cantor Equity Partners, Inc. (CEP) announced today in a Form 8-K filing with the U.S. Securities and Exchange Commission (SEC) that it has made a significant Bitcoin purchase with Tether Investments. This development comes as part of CEP’s merger with Twenty One Capital, Inc. (Pubco). As part of the merger agreement, Tether purchased 4,812.22 Bitcoins worth a total of $458.7 million. The purchase was made at an average price of $95,319.83 per Bitcoin. The purchased Bitcoins were transferred to a digital wallet managed by Tether, the company reported. These Bitcoins are planned to be transferred to Pubco by Tether after the completion of the merger transactions and the funding of the PIPE investments. Within the scope of the PIPE (Private Investment in Public Equity) investments, Pubco and CEP signed agreements with some investors on April 22, 2025 for the sale of shares and convertible bonds. Cantor Equity Partners and Pubco are preparing to file a registration statement (Form S-4) with the SEC regarding the merger. The document will include detailed shareholder voting information and investor disclosures. The company cautioned investors to carefully review the documents before voting on the merger. The company also emphasized that the completion of the merger is subject to various risks, including market conditions, Bitcoin price volatility, regulatory uncertainty, and the possibility of investor withdrawal. The published statement emphasized that although many forward-looking statements are included, there is no guarantee that they will occur. It was also stated that this announcement does not constitute an offer or solicitation of any security. If the merger is completed, Pubco’s business model will be largely based on Bitcoin asset management and Bitcoin-focused advisory services, and the company’s stock price is expected to be highly correlated with Bitcoin prices. *This is not investment advice. Source: https://en.bitcoinsistemi.com/breaking-a-company-has-announced-that-it-has-purchased-a-large-amount-of-bitcoin-its-not-microstrategy/

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