Twenty One Capital seeks mergers with Strike and Elektron to build premier Bitcoin platform
Crypto Briefing
Tether Investments is backing a merger plan to combine Twenty One Capital with Strike and Elektron to create a comprehensive Bitcoin-focused company.Summary
Tether Investments is supporting a strategic merger proposal to transform Twenty One Capital into a diversified Bitcoin enterprise. By integrating fintech firm Strike and mining infrastructure company Elektron, the new entity aims to combine financial services, capital markets, and mining operations to ensure recurring revenue and long-term Bitcoin accumulation. The move seeks to address Twenty One Capital's historical dependence on price fluctuations by establishing a more robust operational model, with Elektron CEO Raphael Zagury and Strike CEO Jack Mallers slated to lead the unified firm.
(Source：Crypto Briefing)