Bitcoin

Digital Wallet

BlackRock

PIPE

<ul>
 <li>Tether acquires 4,812 BTC for $458.7M, launching treasury arm Twenty One for institutional crypto asset management.</li>
 <li>Bitcoin rises above $105K after Tether and BlackRock purchases; institutional demand fuels market rally despite midday corrections.</li>
 <li>Twenty One manages Tether’s BTC in a secure blockchain-linked wallet, with $52M held back to mitigate potential risks.<br></li>
</ul>
<p>Tether has acquired 4,812.220927 BTC for $458.7 million, marking a significant step in <a href="https://coinfutura.com/bitcoin-tops-103k-as-metaplanets-15m-bond-adds-1796-btc-to-697m-treasury/" target="_blank" rel="noopener noreferrer nofollow">institutional Bitcoin adoption</a>. The purchase aligns with the launch of Twenty One, a dedicated Bitcoin treasury subsidiary focused on digital asset management.</p>
<h2 class="wp-block-heading" id="tether-initiates-treasury-play-via-bitcoin-holdings">Tether Initiates Treasury Play via Bitcoin Holdings</h2>
<p>According to a post by Simply Bitcoin, the stablecoin issuer completed the acquisition on May 13 at an average price of $95,319.83 per Bitcoin. It ranks among Tether’s largest BTC purchases, reflecting a deeper commitment to on-chain reserves.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/SimplyBitcoinTV/status/1922387550192238930
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</figure>
<p>The deal is part of a Business Combination Agreement with Cantor Equity Partners, Pubco, and several Cayman and Delaware entities. These parties are collaborating under a unified strategy to <a href="https://coinfutura.com/tron-tops-ethereum-in-usdt-supply-at-73-8b-key-insights-on-blockchain-dominance/" target="_blank" rel="noopener noreferrer nofollow">integrate blockchain finance</a> into corporate structures.</p>
<h2 class="wp-block-heading" id="twenty-one-to-manage-custody-and-execution">Twenty One to Manage Custody and Execution</h2>
<p>The launch of Twenty One expands Tether’s operational framework into crypto asset treasury management. In the Regulatory Filing, the company will manage custody via a PIPE Digital Wallet and transfer assets to Pubco upon deal closure.</p>
<p>Twenty One will oversee Bitcoin held in the wallet, supporting corporate finance objectives. The funding includes Convertible Notes PIPE and Equity PIPE components, with $458.7 million in gross proceeds directed <a href="https://coinfutura.com/metaplanet-raises-25m-to-expand-bitcoin-holdings-cold-wallet-now-5000-btc/" target="_blank" rel="noopener noreferrer nofollow">toward the acquisition</a>. Asset custody includes a verifiable blockchain-linked wallet accessible to stakeholders. A $52 million holdback is built into the agreement to address potential execution risks.</p>
<h2 class="wp-block-heading" id="regulatory-disclosures-emphasize-institutional-scale">Regulatory Disclosures Emphasize Institutional Scale</h2>
<p>The <a href="https://www.sec.gov/Archives/edgar/data/1865602/000121390025042647/ea0241786-8k425_cantor.htm" target="_blank" rel="noopener noreferrer nofollow">Form 8-K filing</a> with the U.S. SEC outlines the terms of the acquisition and unregistered securities issued in the PIPE Investment. Class A shares and convertible notes remain subject to exemption conditions under the Securities Act.</p>
<p>Additional filings, such as Form S-4 and a Proxy Statement/Prospectus, will offer further details. These will address shareholder terms, Bitcoin-related risks, and closing procedures pending regulatory approvals.</p>
<h2 class="wp-block-heading" id="market-reacts-as-institutional-buys-drive-btc-spike">Market Reacts as Institutional Buys Drive BTC Spike</h2>
<p>Simultaneously, institutional interest fueled by Tether’s move and <a href="https://coinfutura.com/blackrocks-ibit-surges-to-620k-btc-with-529m-inflow-crushing-all-etf-competitors/" target="_blank" rel="noopener noreferrer nofollow">BlackRock’s BTC acquisition </a>triggered price action. Coinvo <a href="https://x.com/ByCoinvo/status/1922570075678068941" target="_blank" rel="noopener noreferrer nofollow">reported</a> that BlackRock bought 686 BTC worth $69.4 million, helping drive Bitcoin above $105,000.</p>
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeav8wmBGqsyZuRV0hszdIbHXt9g1gSuehCW78krS3uLpDc7_UQxWStbVnToK298x6FQkzeecn1lw08Gfaqilax1khLH7ZWrLFRFris-_mDWmkH465qS1k_y81xvZn7Y26mEYy-6w?key=eWsRwbKy9H--Hd3qHoA9MQ" alt="">
 <figcaption>
  Source: <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow"><em>CoinMarketCap</em></a>
 </figcaption>
</figure>
<p>The rally began around 8:00 PM on May 13 and peaked by 1:00 AM on May 14. Tether’s stablecoin also rose, suggesting fresh capital inflows across crypto platforms. By midday, Bitcoin retraced gains as sell pressure mounted. The asset dipped below $103,000 twice, while Tether maintained strength, hinting at continued institutional demand despite reduced momentum.</p>
<p>The post <a href="https://coinfutura.com/tether-buys-4812-btc-for-458m-driving-bitcoin-to-105k-amid-growing-institutional-demand/" target="_blank" rel="noopener noreferrer nofollow">Tether Buys 4,812 BTC for $458M, Driving Bitcoin to $105K Amid Growing Institutional Demand</a> appears on <a href="https://coinfutura.com" target="_blank" rel="noopener noreferrer nofollow">Coin Futura</a>. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.</p>

Tether Buys 4,812 BTC for $458M, Driving Bitcoin to $105K Amid Growing Institutional Demand

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