Tether Pushes Strike, Elektron Merger for Bitcoin Treasury Firm Twenty One Capital

robot
Abstract generation in progress

Tether proposed a two-stage merger that would add Strike and then Elektron Energy to Bitcoin treasury firm Twenty One Capital, with Elektron managing about 5% of current Bitcoin network hashrate. Tether Investments said it intends to vote its majority stake in favor of the plan. Twenty One Capital shares rose 6.6% in after-hours trading after the announcement.

BTC1.31%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin