Tether Investments plans to promote the merger of 21 Capital with Strike and Elektron, integrating bitcoin finance and mining operations.
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Jinse Finance reported that on April 30th, Tether Investments proposed to promote Twenty-One Capital (XXI) to optimize its structure through a series of merger transactions, including a merger with Bitcoin financial services firm Strike and further integration with Bitcoin mining company Elektron Energy. If the transaction is completed, the merged entity will combine a financial services platform, global distribution and compliance infrastructure, as well as large-scale mining capacity and computing resources. This will form a comprehensive platform covering Bitcoin reserves, mining, and financial services, with plans for Elektron founder Raphael Zagury to serve as president.
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