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Tether wants to build a full-fledged crypto corporation under one brand — Twenty-One Capital (XXI) plans to merge with Strike and the mining company Elektron Energy, ultimately making XXI not just a public holder of BTC, but an ecosystem with treasury management, mining, lending, financial services, and access to capital markets.
While the terms of the deal have not been disclosed, the company already has over 43,500 BTC on its balance sheet.