New Bitcoin Crash Incoming? Twenty One Capital Moves 43,500 BTC Amid Major Lo...
Twenty One Capital, a major player in the Bitcoin (BTC) treasury sector founded by Jack Mallers, is on the verge of going public in the United States. However, ahead of its highly anticipated debut on December 9, the company has moved a substantial sum of 43,500 BTC—approximately worth $4.5 billion—into an escrow wallet. This move has sparked market concerns about a potential sell-off, which could create major selling pressure for the leading cryptocurrency as it attempts to consolidate above the key $90,000 support level. $1.5 Billion Loss In Bitcoin Investments Experts on the social....
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Quick Facts: ➡️ Twenty One Capital waits for its NYSE debut on December 9, with a $BTC treasury of 43.5K tokens, which ranks it third on the list of the largest Bitcoin treasuries, after Strategy and MARA. ➡️ Twenty One Capital’s NYSE debut underscores institutional Bitcoin demand, increasing the strategic relevance of scalable $BTC infrastructure […]
Jack Mallers, co-founder and CEO of Twenty One Capital, told NYSE TV that he expects Bitcoin to climb much higher from current levels. Related Reading: FalconX Moves 413K Solana Worth $98M – Impact On SOL Price According to Mallers, the size of global wealth available for savings gives Bitcoin room to grow in a big way. He made the bold remark that Bitcoin could be “100 to 200 times from here,” and his firm’s buying behavior appears to follow that view. Analyst’s 200x Bitcoin Claim According to Mallers, total global wealth across assets like stocks, property, gold and art is about....
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