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Tether Investments plans to promote the merger of 21 Capital with Strike and Elektron, integrating Bitcoin finance and mining businesses.
Golden Finance reports that on April 30th, Tether Investments proposed to promote Twenty-One Capital (XXI) to optimize its structure through a series of merger transactions, including a merger with Bitcoin financial services company Strike, and further integration with Bitcoin mining company Elektron Energy.
If the transaction is completed, the merged entity will combine a financial services platform, global distribution and compliance infrastructure, as well as large-scale mining capacity and computing power resources, forming a comprehensive platform covering Bitcoin reserves, mining, and financial services, with plans for Elektron founder Raphael Zagury to serve as CEO.