Twenty One Capital to raise additional $100 million through more convertible bonds

Odaily News Bitcoin company Twenty One has raised an additional $100 million in convertible senior secured notes, bringing its total funding to $685 million. According to a filing with the U.S. Securities and Exchange Commission (SEC), the new funding came from existing investors and sponsors who exercised an option to purchase more notes that was originally granted in an April funding round.
Twenty One Capital was launched via a SPAC structure by Cantor’s Brandon Lutnick, whose notable owners include iFinex and Tether, and is led by Strike CEO Jack Mallers. (CoinDesk)