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SoftBank-backed '21 Capital' Raises Additional ¥14.4 Billion for Bitcoin Purchases

2025/05/30 10:41
CoinPost
Written by L.Kikutani
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SoftBank-backed '21 Capital' Raises Additional ¥14.4 Billion for Bitcoin Purchases

Total Funds Reach $685 Million

Cryptocurrency investment firm '21 Capital', led by Strike founder Jack Mallers, announced on the 28th that it has completed an additional fundraising of $100 million through the issuance of convertible bonds. The company's total fundraising has reached $685 million, with major investments from Tether and SoftBank. The newly raised funds are intended for additional Bitcoin (BTC) purchases, adding to the already held 4,812 BTC, with an additional $3.6 billion worth expected to be transferred under a merger agreement. Through a SPAC merger with Nasdaq-listed Canter Equity Partners, the company is expected to become the third-largest corporate holder of Bitcoin.

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MAGAZINE
Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.