TechFlow, May 29 — According to Coindesk, bitcoin investment firm Twenty One Capital has raised an additional $100 million through convertible senior secured notes, bringing its total fundraising to $685 million ahead of its merger with Nasdaq-listed Cantor Equity Partners. Per SEC filings, the additional capital came from existing investors and sponsors exercising purchase options. The company was created by Brandon Lutnick via a SPAC structure, with major shareholders including iFinex and Tether, and will be led by Strike CEO Jack Mallers. Twenty One Capital recently disclosed the completion of a $458 million bitcoin acquisition, becoming another firm to adopt a cryptocurrency treasury strategy following Michael Saylor's Strategy.
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